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2007 Tax Rates - Single Taxpayers - Standard Deduction $5,350 |
10% |
0 to 7,825 |
15% |
7,826 to 31,850 |
25% |
31,851 to 77,100 |
28% |
77,101 – 160,850 |
33% |
160,851 – 349,700 |
35% |
Over 349,700 |
2007 Tax Rates - Married Jointly & Surviving Spouses - Standard Deduction $10,700 |
10% |
0 – 15,650 |
15% |
15,651 - 63,700 |
25% |
63,701 - 128,500 |
28% |
128,501 - 195,850 |
33% |
195,851 - 349,700 |
35% |
Over 349,700 |
2007 Tax Rates - Married Filing Separately - Standard Deduction $5,350 |
10% |
0 – 7,825 |
15% |
7,826 – 31,850 |
25% |
31,851 – 64,250 |
28% |
64,251 – 97,925 |
33% |
97,926 – 174,850 |
35% |
Over 174,850 |
2007 Tax Rates - Head of Household - Standard Deduction $7,850 |
10% |
1 – 11,200 |
15% |
11,201 – 42,650 |
25% |
42,651 – 110,100 |
28% |
110,101 – 178,350 |
33% |
178,351 – 349,700 |
35% |
Over 349,700 |
1051 Perimeter Drive - Suite 400 |
Schaumburg, IL 60173 |
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Phone: 630-766-9401 |
Fax: 630-766-9403 |
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