Tax Info & Tables

Personal exemption: $4000 each

Married Filing Joint & Surviving Spouses

$0 – $18,450

10%

$18,451 – $74,900

15%

$74,901 – $151,200

25%

$151,201 – $230,450

28%

$230,451 – $411,500

33%

$411,501 – $464,850

35%

$464,851 and up

39.6%

Single Taxpayers

$0 – $9,225

10%

$9,226 – $37,450

15%

$37,451 – $90,750

25%

$90,751 – $189,300

28%

$189,301 – $411,500

33%

$411,501 – $413,200

35%

$413,201 and up

39.6%

Married Filing Separately Taxpayers

$0 – $9,225

10%

$9,226 – $37,450

15%

$37,451 – $75,600

25%

$75,601 – $115,225

28%

$115,226 – $205,750

33%

$205,751 – $232,425

35%

$232,426 and up

39.6%

Head of Household

$0 – $13,150

10%

$13,151 – $ 50,200

15%

$ 50,201 – $129,600

25%

$129,601 – $209,850

28%

$209,851 – $411,500

33%

$411,501 – $439,000

35%

$439,001 and up

39.6%

IRA Contribution Amount

Traditional & Roth IRAs – younger than 50

$5,500

Traditional & Roth IRAs – age 50 and older

$6,500

Annual Gift Tax Exclusion

$14,000

Standard Deduction Amount

Single

$6,300

Head of Household

$9,250

Married: Filling Jointly

$12,600

Married: Filling Separately

$6,300

Mileage Rates

2014

2015

Business

.56/mile

.575/mile

Trips to Hospitals/Moving

.235/mile

.23/mile

Charitable

.14/mile
.14/mile