Header - www.1040-forms.com
1040-Forms.com
 
Home Page
What Is a 1040 Form?
Form 4868 Application for Extension To File
Publication 17
Tax Guide For Individuals
1040 and Instructions
1040 A and Instructions
1040 ES and Instructions
1040 EZ and Instructions
1040 Schedule A
Itemized Deductions
1040 Schedule B
Interest, Dividends and Foreign Accounts and Trusts - With Instructions
1040 Schedule C
and Instructions
1040 Schedule D
Capital Gains and Losses with Instructions
1040 Schedule SE
Self Employment Tax
and Instructions
1040 X
Draft of Amended Income Tax Return
Tax Bracket Changes 2014
ATRA Tax Increase 39.6%
Free Printable
2014 Monthly Calendar
Free Printable
2015 Monthly Calendar
2014 IRS Mileage Tax Deduction Allowance
Original 1913
1040 Form

 The IRS began in 1913
Sales Tax List - By State
1099 Forms - Complete
Disclaimer!

Tax Brackets - Tax Rates for 2012

These are up from 2011 tax rates again although most of us have no need to look beyond the second row down on each category.

For those who have the big bucks, the taxes are figured on an increasing scale, and the tax percentage goes up.
The increase in percentage scale stops at $388,350.00 a year.
It doesn't seem to address the people who are millionaires or billionaires on an ever increasing scale as it does for middle income people.

If you earn a billion dollars a year you certainly can afford to pay a healthier hunk of money in taxes. Again though the advantage goes to people who are earning an amount just under the bracket ceiling.
Good for them. They are getting to keep a bit more... unless you consider inflation and we all are getting hit so....
Again remember... "Death and Taxes"

MARRIED Iindividuals filing Joint Returns and Surviving Spouses.
Up To:
$17,400.00 10%
$70,700.00 $1,740.00 plus 15% of the excess over $17,400.00
$142,700.00 $9,735.00 plus 25% of the
excess over $70,700.00
$217,450.00 $27,735.00 plus 28% of the
excess over $142,700.00
$388,350.00 $48,665.00 plus 33% of the excess over $217,450.00
More than $388,350.00

$105,062.00 plus 35% of the excess over $388,350.00

Info from IRS
SINGLE FILING Unmarried individuals
(Other than surviving spouses and heads of households)
Up To:  
$8,700.00 10%
$35,350.00 $870.00 plus 15% of the excess over $8,700.00
$85,650.00 $4,867.50 plus 25% of the excess over 35,350.00
$178,650.00 $17,442,50 plus 28% of the excess over $85,650.00
$388,350.00 $43,482.50 plus 33% of the excess over $178.650.00
Over $388,350.00

$112,683.50 plus 35% ofthe excess over $388,350.00

Info from IRS
SINGLE FILING as Head of Household
Up To:  
$12,400.00 10%
$47,350.00 $1,240.00 plus 15% of the excess over $12,400.00
$122.300.00 $6,482.50 plus 25% of the excess over $47,350.00
$198.050.00 $25,220.00 plus 28% of the excess over $122,300.00
$388,350.00 $46,430.00 plus 33% of the excess over $198,050.00
Over $388,350.00

$109,229.00 plus 35% of the excess over $388,350.00

Info from IRS
MARRIED Iindividuals filing Joint Returns and Surviving Spouses.
Up To:
$17,400.00 10%
$70,700.00 $1,740.00 plus 15% of the excess over $17,400.00
$142,700.00 $9,735.00 plus 25% of the
excess over $70,700.00
$217,450.00 $27,735.00 plus 28% of the
excess over $142,700.00
$388,350.00 $48,665.00 plus 33% of the excess over $217,450.00
More than $388,350.00

$105,062.00 plus 35% of the excess over $388,350.00

Info from IRS