Your federal tax rate is based on your income level and whether you are filing singly or jointly. The percentage can change annually. Below are the federal tax rates for year 2016
| Tax Rates of IRS for the year 2016 | ||||
| Tax Rate 2016 | Single Taxpayer 2016 | Married Filing Jointly or Surviving Spouses 2016 | Married Filing Separately 2016 | Head of Household 2016 |
| 10% | $0 – $9,275 | $0 – $18,550 | $0 – $9,275 | $0 – $13,250 |
| 15% | $9,276 – $37,650 | $18,851 – $75,300 | $9,276 – $37,650 | $13,251 – $50,400 |
| 25% | $37,651 – $91,150 | $75,301 – $151,900 | $37,651 – $75,950 | $50,401 – $130,150 |
| 28% | $91,151 – $190,150 | $151,901 – $231,450 | $75,951 – $115,725 | $130,151 – $210,800 |
| 33% | $191,151 – $413,350 | $231,451 – $413,350 | $115,726 – $206,675 | $210,801 – $413,350 |
| 35% | $413,351 – $415,050 | $413,351 – $466,950 | $206,676 – $233,475 | $413,351 – $441,000 |
| 39.6% | $415,051 and above | $466,951 and above | $233,476 and above | $441,001 and above |
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