2005/2006 TAX TABLE
|
Taxable Income |
2005 Tax Payable |
2006 Tax Payable |
|
$20,000 |
$2,437 |
$2,377 |
|
$30,000 |
$4,542 |
$4,482 |
|
$40,000 |
$7,141 |
$7,003 |
|
$50,000 |
$10,526 |
$10,118 |
|
$60,000 |
$13,373 |
$13,233 |
|
$70,000 |
$16,719 |
$16,509 |
|
$80,000 |
$20,990 |
$20,667 |
|
$90,000 |
$25,331 |
$25,008 |
|
$100,000 |
$29,672 |
$29,349 |
|
$150,000 |
$52,405 |
$52,005 |
|
$200,000 |
$75,610 |
$75,210 |
|
$250,000 |
$98,815 |
$98,415 |
2006 Combined Income Tax Rates |
|
Tax Bracket |
Marginal Rate |
|
Under $34,758 |
21.05% |
|
$34,759 - $36,378 |
24.15% |
|
$36,379 - $61,199 |
31.15% |
|
$61,200 - $69,517 |
32.98% |
|
$69,518 - $72,102 |
35.39% |
|
$72,103 - $72,756 |
39.41% |
|
$72,757 - $118,285 |
43.41% |
|
Over $118,285 |
46.41% |
This information is published as current on the date enter on the site, and should only be used as a general starting point, and cannot be used or regarded as legal or tax advice. The above material may not include important details relating to your own circumstances. For full legal or accounting advice, you should contact a professional accountant or lawyer. If you cannot locate one, we would be more than happy to refer you to one in your area.
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