Eggert Financial Management, Inc.

Cultivating Wealth, Shaping Legacies
Bill Eggert, CFP®, NSSA®
President
7200 S. Alton Way
Suite A-210
Centennial, CO 80112
303-414-0400
info@eggertfinancial.net
www.eggertfinancial.net

February 24, 2020

2020 Key Numbers
 

2021 Federal Income Tax Rate Schedules (Individuals, Trusts, and Estates)

Single taxpayers

If taxable income is:Your tax is:
Not over $9,950 10% of taxable income
Over $9,950 to $40,525 $995 + 12% of the excess over $9,950
Over $40,525 to $86,375 $4,664 + 22% of the excess over $40,525
Over $86,375 to $164,925 $14,751 + 24% of the excess over $86,375
Over $164,925 to $209,425 $33,603 + 32% of the excess over $164,925
Over $209,425 to $523,600 $47,843 plus 35% of the excess over $209,425
Over $523,600$157,804.25 plus 37% of the excess over $523,600

Married filing jointly and surviving spouses

If taxable income is:Your tax is:
Not over $19,900 10% of taxable income
Over $19,900 to $81,050 $1,990 + 12% of the excess over $19,900
Over $81,050 to $172,750 $9,328 plus 22% of the excess over $81,050
Over $172,750 to $329,850$29,502 plus 24% of the excess over $172,750
Over $329,850 to $418,850$67,206 plus 32% of the excess over $329,850
Over $418,850 to $628,300 $95,686 plus 35% of the excess over $418,850
Over $628,300 $168,993.50 plus 37% of the excess over $628,300

Married individuals filing separately

If taxable income is:Your tax is:
Not over $9,950 10% of taxable income
Over $9,950 to $40,525 $995 + 12% of the excess over $9,950
Over $40,525 to $86,375 $4,664 plus 22% of the excess over $40,525
Over $86,375 to $164,925$14,751 plus 24% of the excess over $86,375
Over $164,925 to $209,425 $33,603 plus 32% of the excess over $164,925
Over $209,425 to $314,150 $47,843 plus 35% of the excess over $209,425
Over $314,150 $84,496.75 plus 37% of the excess over $314,150

Heads of household

If taxable income is:Your tax is:
Not over $14,200 10% of taxable income
Over $14,200 to $54,200 $1,420 + 12% of the excess over $14,200
Over $54,200 to $86,350 $6,220 plus 22% of the excess over $54,200
Over $86,350 to $164,900$13,293 plus 24% of the excess over $86,350
Over $164,900 to $209,400$32,145 plus 32% of the excess over $164,900
Over $209,400 to $523,600$46,385 plus 35% of the excess over $209,400
Over $523,600 $156,355 plus 37% of the excess over $523,600

Trusts and estates

If taxable income is:Your tax is:
Not over $2,650 10% of taxable income
Over $2,650 to $9,550 $265 + 24% of the excess over $2,650
Over $9,550 to $13,050$1,921 + 35% of the excess over $9,550
Over $13,050 $3,146 + 37% of the excess over $13,050
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Eggert Financial Management, Inc. is an Investment Advisory firm regulated by the State of Colorado.

 

Prepared by Broadridge Advisor Solutions Copyright 2020.