2011 Tax Tables, Official IRS Federal Income Tax Brackets

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By , on November 14, 2011

The following article contains information about the marginal federal income tax brackets for 2011. You’ll need this information to prepare and file your 2011 tax return in early 2012. To the extent that the information in this article helps summarize the changes in Federal Income Tax, you should consult the official IRS.gov web site and a professional tax advisor as needed.

Federal Tax Rates Schedule For Tax Year 2011 versus 2009 and 2010

The table below gives you the marginal tax brackets for single, married couples filing jointly, qualifying widowers, married filing separately, head of household, as well as the long-term capital gains and qualified dividend tax rates. The income numbers listed are taxable incomes, and thus they have taken into consideration all available personal exemptions as well as any of either the standard or itemized deductions.

2011 Federal Income Tax Brackets

The numbers for previous years are also provided to give you an idea of some of the changes.

Income Tax Single Married Filing Jointly / Qualifying Widower Married Filing Separately Head of Household LTCG/
QD*
Rate over up to over up to over up to over up to Rate
10% 0 8,500 0 17,000 0 8,500 0 12,150 0%
15% 8,500 34,500 17,000 69,000 8,500 34,500 12,150 46,250 0%
25% 34,500 83,600 69,000 139,350 34,500 69,675 46,250 119,400 15%
28% 83,600 174,400 139,350 212,300 69,675 106,150 119,400 193,350 15%
33% 174,400 379,150 212,300 379,150 106,150 189,575 193,350 379,150 15%
35% 379,150 379,150 189,575 379,150 15%

* Long-Term Capital Gains and Qualified Dividend

2010 Federal Income Tax Brackets

Income Tax Single Married Filing Jointly / Qualifying Widower Married Filing Separately Head of Household LTCG/
QD*
Rate over up to over up to over up to over up to Rate
10% 0 8,375 0 16,750 0 8,375 0 11,950 0%
15% 8,375 34,000 16,750 68,000 8,375 34,000 11,950 45,550 0%
25% 34,000 82,400 68,000 137,300 34,000 68,650 45,550 117,650 15%
28% 82,400 171,850 137,300 209,250 68,650 104,625 117,650 190,550 15%
33% 171,850 373,650 209,250 373,650 104,625 186,825 190,550 373,650 15%
35% 373,650 373,650 186,825 373,650 15%

2009 Federal Income Tax Brackets

Income Tax Single Married Filing Jointly / Qualifying Widower Married Filing Separately Head of Household LTCG/
QD*
Rate over up to over up to over up to over up to Rate
10% 0 8,350 0 16,700 0 8,350 0 11,950 0%
15% 8,350 33,950 16,700 67,900 8,350 33,950 11,950 45,500 0%
25% 33,950 82,250 67,900 137,050 33,950 68,525 45,500 117,450 15%
28% 82,250 171,550 137,050 208,850 68,525 104,425 117,450 190,200 15%
33% 171,550 372,950 208,850 372,950 104,425 186,475 190,200 372,950 15%
35% 372,950 372,950 186,475 372,950 15%

How to Calculate Your Tax Liability

Before we highlight the changes, let’s take a moment to show you how to calculate your Federal income tax liability so that you can better understand how tax brackets work. Let’s look at the following example, suppose your taxable income (after deductions and exemptions) is exactly $100,000 in 2011 and your status is Single; then your tax would be calculated like this:

( $8,500 minus $0 ) x 10% = $850.00
( $34,500 minus $8,500 ) x 15% = $3,900.00
( $83,600 minus $34,500 ) x 25% = $12,275.00
( $100,000 minus $83,600 ) x 28% = $4,592.00
Total: $ 21,617.00

The $100,000 taxable income puts you in the 28% tax bracket, since that’s the highest rate applied to any of your income; but your effective tax rate as a percentage of $100,000 is 21.62%. Comparing 2010 tax rates, you are paying $92.25 less tax in 2011 for the same income.

Although the information in this article helps summarize the changes in Federal Income Tax, you should consult the official IRS.gov web site and a professional tax advisor as needed.

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Pinyo
Pinyo is the owner of Moolanomy Personal Finance and an entrepreneur with over 20 years of business experience. He is interested in business management, investing and wealth management. He has written for many online publications, including American Express Currency and U.S. News Money. You can follow him on Facebook and Twitter.

Add Your Question or Comment (7 Comments)

  1. APF:

    Thanks for this! I’ve definitely been thinking about tax time with a Roth conversion, and watching the news as the senate and then house debated the tax cut extension.

    It’s nice to see someone highlight how marginal tax rates work too – I found myself recently explaining that to someone. And, ironically, forgetting how they worked and stressing out about an upcoming raise that would have put me in a much higher tax bracket next year had the cuts not been extended.

  2. Another timely article from you Pinyo. Great information here and the perfect time to be thinking of the good ‘old’ Uncle Sam. Thank you and have a wonderful New Year to you and your readers.

  3. jim:

    would like federal tax on $10,283

  4. Pinyo:

    @jim – The answer depends on your filing status. Also, there might be tax credits and deductions that you’re eligible for that would reduce your tax burden further.

  5. Daniel S. Stanley:

    What is the tax liability for Married filing Jointly, 2 exemptions, 46,750.00 husband 81 wife 75. 2011 Joint Tax Return.

  6. Douglas C:

    What is a good general method to estimate the quarterly payments for 2012 federal tax?

  7. Pinyo:

    @Douglas – I look at last year (2011) total tax payment because I don’t anticipate a big change in 2012.

    Take your total tax owe and divide that by your total AGI to get an effective tax rate (it’s 21% for me). At the end of each quarter, I plan to check how much I have earned vs how much I paid in taxes. If I paid less than 21%, I will send in the difference in quarterly payments.

    You can also do the same for your state and local taxes.

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