2020 Income Tax Brackets
There are seven federal tax brackets for the 2020 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your bracket depends on your taxable income and filing status. These are the rates for taxes due in April 2021.
2020 federal income tax brackets
(for taxes due in April 2021, or in October 2021 with an extension)
Single Filers
Tax Rate |
Taxable income bracket |
Tax owed |
10% |
$0 to $9,875 |
10% of taxable income |
12% |
$9,876 to $40,125 |
$987.50 plus 12% of the amount over $9,875 |
22% |
$40,126 to $85,525 |
$4,617.50 plus 22% of the amount over $40,125 |
24% |
$85,526 to $163,300 |
$14,605.50 plus 24% of the amount over $85,525 |
32% |
$163,301 to $207,350 |
$33,271.50 plus 32% of the amount over $163,300 |
35% |
$207,351 to $518,400 |
$47,367.50 plus 35% of the amount over $207,350 |
37% |
$518,401 or more |
$156,235 plus 37% of the amount over $518,400 |
Married, filing jointly
Tax Rate |
Taxable income bracket |
Tax owed |
10% |
$0 to $19,750 |
10% of taxable income |
12% |
$19,751 to $80,250 |
$1,975 plus 12% of the amount over $19,750 |
22% |
$80,251 to $171,050 |
$9,235 plus 22% of the amount over $80,250 |
24% |
$171,051 to $326,600 |
$29,211 plus 24% of the amount over $171,050 |
32% |
$326,601 to $414,700 |
$66,543 plus 32% of the amount over $326,600 |
35% |
$414,701 to $622,050 |
$94,735 plus 35% of the amount over $414,700 |
37% |
$622,051 or more |
$167,307.50 plus 37% of the amount over $622,050 |
Married, filing seperately
Tax Rate |
Taxable income bracket |
Tax owed |
10% |
$0 to $9,875 |
10% of taxable income |
12% |
$9,876 to $40,125 |
$987.50 plus 12% of the amount over $9,875 |
22% |
$40,126 to $85,525 |
$4,617.50 plus 22% of the amount over $40,125 |
24% |
$85,526 to $163,300 |
$14,605.50 plus 24% of the amount over $85,525 |
32% |
$163,301 to $207,350 |
$33,271.50 plus 32% of the amount over $163,300 |
35% |
$207,351 to $311,025 |
$47,367.50 plus 35% of the amount over $207,350 |
37% |
$311,026 or more |
$83,653.75 plus 37% of the amount over $311,025 |
Head of Household
Tax Rate |
Taxable income bracket |
Tax owed |
10% |
$0 to $14,100 |
10% of taxable income |
12% |
$14,101 to $53,700 |
$1,410 plus 12% of the amount over $14,100 |
22% |
$53,701 to $85,500 |
$6,162 plus 22% of the amount over $53,700 |
24% |
$85,501 to $163,300 |
$13,158 plus 24% of the amount over $85,500 |
32% |
$163,301 to $207,350 |
$31,830 plus 32% of the amount over $163,300 |
35% |
$207,351 to $518,400 |
$45,926 plus 35% of the amount over $207,350 |
37% |
$518,401 or more |
$154,793.50 plus 37% of the amount over $518,400 |
