What is the highest income tax bracket?

Answer According to the Money Blue Book, the highest income tax bracket on the federal level is currently 35 percent. This means that if you earned $372,950 or more, you owe 35 percent of that money to th... Read More »

Top Q&A For: What is the highest income tax bracket

What income bracket pays federal income taxes?

All income brackets have people who have federal tax obligations, however, the amount of people who owe any taxes drops precipitously as income levels falls. According to the Tax Policy Center, onl... Read More »

What is my income tax bracket?

Your tax bracket determines the last level at which your income is taxed in a calendar year. In 2010, there are six tax brackets: 10 percent, 15 percent, 25 percent, 28 percent, 33 percent and 35 p... Read More »

What is the income range for the 15% tax bracket?

In 2010, the income range for the 15-percent tax bracket is the range of $8,375 to $34,000 in earnings, filing single and $16,750 to $68,000 when married filing jointly. These figures went up sligh... Read More »

What is the lowest income tax bracket?

In 2009, the lowest U.S. income tax bracket for single people, or married people filing separately, is up to $8,350. A married couple filing jointly can make up to $16,700, and a head of household ... Read More »