Working on filing your 2011 taxes and need more information about the 2011 tax rates? The 2011 tax tables and our 2011 tax calculator are below to help you determine the amount of tax you will owe.
Here’s what the federal tax tables for 2011 look like for all filing statuses.
2011 Tax Rates & 2011 Tax Brackets
Here are the federal income tax rates for 2011 from the IRS:
| Tax Rate | Single | Married Filing Joint | Married Filing Separate | Head of Household |
|---|
| 10% | Up to $8,500 | Up to $17,000 | Up to $8,500 | Up to $12,150 |
| 15% | $8,501 – $34,500 | $17,001 – $69,000 | $8,501 – $34,500 | $12,151 – $46,250 |
| 25% | $34,501 – $83,600 | $69,001 – $139,350 | $34,501 – $69,675 | $46,251 – $119,400 |
| 28% | $83,601 – $174,400 | $139,351 – $212,300 | $69,676 – $106,150 | $119,401 – $193,350 |
| 33% | $174,401 – $379,150 | $212,301 – $379,150 | $106,151 – $189,575 | $193,351 – $379,150 |
| 35% | Over $379,150 | Over $379,150 | Over $189,575 | Over $379,150 |
The tax bracket you fall in is a marginal tax rate and it doesn’t apply to all of your income. For more information, see How Do Tax Brackets Work?
In addition to the tax brackets and 2011 federal tax tables above, you may owe tax under the alternative minimum tax. You can review the 2011 AMT exemption to see if it will apply to you.
2012 Tax Rates vs 2011 Tax Rates
Want to start planning for this year? See the 2012 tax rates for comparison.
2011 Tax Rate Changes
The finalized 2011 tax rates and 2011 tax brackets are based on the following tax changes:
- The 2011 tax rates are based on the finalized 2011 Tax Deal.
- The 2011 tax rates kept the 2001 Bush tax cuts in place instead of raising taxes for all the tax brackets.
- There is no distinction in the 2011 federal tax brackets for those earning more than $250,000, which was in the original 2010 budget proposal.
- The new tax cuts also include a 2011 Payroll Tax Cut, which will change your paycheck by lowering your 2011 Social Security tax rate.
- The 2011 tax tables from the IRS updated the 2011 tax rate projections originally published. We used the proposed 2011 tax rates for tax planning before the current 2011 tax tables from the IRS were published.
- If you want to compare the current tax rates to last years rates, check out the 2010 Tax Brackets for the old tax rates.
2011 Tax Calculator
How much will my taxes go up in 2011? That’s still a frequent question readers have. To figure out what your taxes will look like in 2011, you can use the 2011 Tax Calculator.
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