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IRS 2006 Tax Rates for
Heads of Households
These tax tables are designed for individuals heading their household, filing their 2006 income tax return. Like the other income tax rates, the head of household rates differ dramatically from the previous year. These tables are effective January 1, 2006, and do not take into account any credits, such as the standard deduction, mortgage deductions, etc.
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Cynthia Hopper's Estimated Taxes
Assuming she earned the same last year, Cynthia's total tax dropped $236.00 over last year (when she was using the 2005 income tax rate table for heads of household). |
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David Michaelson 's Estimated Taxes
David also saved over the previous year, assuming he earned the same. His total tax dropped $140.00 from his 2005 tax return (when he was using the 2005 income tax rate table for heads of household).
These sample equations do not reflect standard deductions, mortgage deductions, or any other credits that may decrease your estimated taxable income. Use only for 2006 income taxes. The names mentioned in these samples are fictitious and not based on any individual. For illustrative and planning purposes only. For more information, or to review the official tax tables, please download Instructions for Form 1040.
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