What do the 2013 tax rates and 2013 tax brackets look like?

2013 tax rates are used to file your 2013 tax return due in 2014.

A new bill extended tax cuts for most people in 2013. The 2013 income tax brackets will keep the 10%, 15%, 25%, 28%, 33% and 35% tax brackets in place from last year. A 39.6% tax bracket will kick in for individuals over $400,000 and married filing joint at $450,000.

2013 Tax Rates & Tax Brackets

The IRS recently released the final 2013 tax brackets. Here are the federal 2013 tax tables:

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

The 2013 federal tax tables are based on your filing status for the 2013 calendar year.

2013 Tax Rates vs 2014 Tax Rates

Want to compare the proposed 2013 tax brackets to the current year to see the changes?

The new 39.6% tax bracket will continue for next year. The original proposal to raise the 33% tax bracket to 36% for taxpayers with AGI over $200,000 for single and $250,000 for married couples was not included in the bill.

Here are the 2014 tax rates for comparison.

More on Tax Brackets

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 2013 federal tax tables above, you may owe tax under the alternative minimum tax. You can review the AMT exemption to see if it will apply to you.

The finalized 2013 tax rates and 2013 tax tables are based on the Fiscal Cliff Deal passed during 2013.

To compare 2013 tax brackets to next year, see What Might the 2014 Tax Rates Look Like?.

Tax Calculator

To figure out what your taxes currently look like, you can use the Tax Calculator.



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