 Tax Schedules For the Year 2007 Your marginal tax rate is based on your filing status and taxable income. First, determine your filing status. If you don't expect any changes, see which box you checked in lines 1-5 of your 2006 Form 1040 to see your filing status. Similarly, your 2006 taxable income can be found on line 43 of Form 1040. Find the correct filing status table below and then look for your range of income. Your marginal tax rate is the percentage mentioned in the third column. First, choose Your Filing Status: SingleMarried Filing JointlyMarried Filing SeparatelyHead of HouseholdSingle | If taxable income is over: | but not over: | the tax is: | | $0 | $7,825 | 10 percent of the amount over $0 | | $7,825 | $31,850 | $782.50 plus 15 percent of the amount over $7,825 | | $31,850 | $77,100 | $4,386.25 plus 25 percent of the amount over $31,850 | | $77,100 | $160,850 | $15,698.75 plus 28 percent of the amount over $77,100 | | $160,850 | $349,700 | $39,148.75 plus 33 percent of the amount over $160,850 | | $349,700 | no limit | $101,469.25 plus 35 percent of the amount over $349,700 |
| If taxable income is over: | but not over: | the tax is: | | $0 | $15,650 | 10 percent of the amount over $0 | | $15,650 | $63,700 | $1,565.00 plus 15 percent of the amount over $15,650 | | $63,700 | $128,500 | $8,772.50 plus 25 percent of the amount over $63,700 | | $128,500 | $195,850 | $24,972.50 plus 28 percent of the amount over $128,500 | | $195,850 | $349,700 | $43,830.50 plus 33 percent of the amount over $195,850 | | $349,700 | no limit | $94,601.00 plus 35 percent of the amount over $349,700 |
| If taxable income is over: | but not over: | the tax is: | | $0 | $7,825 | 10 percent of the amount over $0 | | $15,650 | $31,850 | $782.50 plus 15 percent of the amount over $7,825 | | $31,850 | $64,250 | $4,386.25 plus 25 percent of the amount over $31,850 | | $64,250 | $97,925 | $12,486.25 plus 28 percent of the amount over $64,250 | | $97,925 | $174,850 | $21,915.25 plus 33 percent of the amount over $97,925 | | $174,850 | no limit | $47,300.50 plus 35 percent of the amount over $174,850 |
| If taxable income is over: | but not over: | the tax is: | | $0 | $11,200 | 10 percent of the amount over $0 | | $11,200 | $42,650 | $1,120.00 plus 15 percent of the amount over $11,200 | | $42,650 | $110,100 | $5,387.50 plus 25 percent of the amount over $42,650 | | $110,100 | $178,350 | $22,700 plus 28 percent of the amount over $110,100 | | $178,350 | $349,700 | $41,810.00 plus 33 percent of the amount over $178,350 | | $349,700 | no limit | $98,355.50 plus 35 percent of the amount over $349,700 |
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