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IRS 2005 Tax Rates for Married Couples Filing Separately

These tax tables are designed for married individuals filing their 2005 income tax return separately, and represent significant changes from Tax Year 2004.

These tables are effective January 1, 2005, and do not take into account any credits, such as the standard deduction, mortgage deductions, etc.

(Includes examples at bottom.)

 

 


Single

Joint Married

Married Filing Separate

Head of Household

Trusts

 

 

 
If Taxpayer's Income Is... Then Estimated Taxes Are...

Between

But Not Over

Base Tax

+ Rate

Of the Amount Over

$0
$7,300
$0
10%
$0
$7,300
$29,700
$730.00
15%
$7,300
$29,700
$59,975
$4,090.00
25%
$29,700
$59,975
$91,400
$11,658.75
28%
$59,975
$91,400
$163,225
$20,457.75
33%
$91,400
$163,225
- - - - -
$44,160.00
35%
$163,225

 

 

Example #1

Joe McMurdoch, a married taxpayer filing his own return, has 2005 TAXABLE INCOME of $85,000. McMurdoch's income falls between:

Between

But Not Over

Base Tax

+ Rate

Of the Amount Over

$59,975
$91,400
$11,658.75
28%
$59,975

 

Joe McMurdoch's Estimated Taxes

  = Base Tax + (Rate x Amount Over)
  = $11,658.75 + [.28 x ($85,000 - $59,975)]
  = $11,658.75 + (.28 x $25,025) 
  = $11,658.75 + $7,007.00
  = $18,665.75

Joe's total tax dropped over $110.00 from his 2004 tax return, using the 2004 income tax rate table for married filing separate taxpayers.

 

Example #2

Mildred Filner, a married woman who is filing her return independently of her husband, has TAXABLE INCOME of $58,000. Her income falls between:

Between

But Not Over

Base Tax

+ Rate

Of the Amount Over

$29,700
$59,975
$4,090.00
25%
$29,700

 

Mildred Filner 's Estimated Taxes

  = Base Tax + (Rate x Amount Over)
  = $4,090.00 + [.25 x ($58,000 - $29,700)]
  = $4,090.00 + (.25 x $28,300)
  = $4,090.00 + $7,075.00 
  = $11,165.00 

For 2005, Mildred also experienced a lower tax bill. Her total tax dropped over $60.00 from her 2004 tax return, using the 2004 income tax rate table for married filing separate taxpayers.

This equation does not reflect standard deductions, mortgage deductions, or any other credits that may decrease your estimated taxable income. Use only for 2005 income taxes. The names mentioned in these samples are fictitious and not based on any individual. Actual tax tables may apply if your income is less than $100,000. For illustrative and planning purposes only.

 

 
 
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