2014 individual income tax brackets

Kay Bell writes:   Good news compulsive tax planners! You now can get to work on your 2014 federal income taxes.  The Internal Revenue Service has issued updated information for the 40 or so tax code provisions affected by inflation.  To get the tax party started, below are tables of the 2014 individual income tax brackets.

Single

Taxable income:	Tax rate:
Up to $9,075	10 percent
$9,076 to $36,900	15 percent
$36,901 to $89,350	25 percent
$89,351 to $186,350	28 percent
$186,351 to $405,100	33 percent
$405,101 to $406,750	35 percent
$406,751 or more	39.6 percent

Head of Household

Taxable income:	Tax rate:
Up to $12,950	10 percent
$12,951 to $49,400	15 percent
$49,401 to $127,550	25 percent
$127,551 to $206,600	28 percent
$206,601 to $405,100	33 percent
$405,101 to $432,200	35 percent
$432,201 or more	39.6 percent

Married Filing Jointly and Surviving Spouses

Taxable income:	Tax rate:
Up to $18,150	10 percent
$18,151 to $73,800	15 percent
$73,801 to $148,850	25 percent
$148,851 to $226,850	28 percent
$226,851 to $405,100	33 percent
$405,101 to $457,600	35 percent
$457,601 or more	39.6 percent

Married Filing Separately

Taxable income:	Tax rate:
Up to $9,075	10 percent
$9,076 to $36,900	15 percent
$36,901 to $74,425	25 percent
$74,426 to $113,425	28 percent
$113,426 to $202,550	33 percent
$202,551 to $228,800	35 percent
$228,801 or more	39.6 percent

Remember, these income ranges apply to your 2014 earnings.

For your 2013 tax filings due on April 15, 2014, you'll use the information in the table below.

2013 Income Tax Rates, Tax Brackets

Tax Rate	Single	Head of Household	Married Filing Jointly or Surviving Spouse	Married Filing Separately
10%	Up to $8,925	Up to $12,750	Up to $17,850	Up to $8,925
15%	$8,926 to $36,250	$12,751 to $48,600	$17,851 to $72,500	$8,926 to $36,250
25%	$36,251 to $87,850	$48,601 to $125,450	$72,501 to $146,400	$36,251 to $73,200
28%	$87,851 to $183,250	$125,451 to $203,150	$146,401 to $223,050	$73,201 to $111,525
33%	$183,251 to $398,350	$203,151 to $398,350	$223,051 to $398,350	$111,526 to $199,175
35%	$398,351 to $400,000	$398,351 to $425,000	$398,351 to $450,000	$199,176 to $225,000
39.6%	$400,001 or more	$425,001 or more	$450,001 or more	$225,001 or more

Whether you're focusing on your 2013 taxes, getting a head start on your 2014 tax planning or both, these tables should help.