2020 Individual Income Tax Rates



Regular Tax - Married, Filing Jointly or Surviving Spouse

If Taxable Income Is Between:
$0- $19,750
$19,751- $80,250
$80,251- $171,050
$171,051- $326,600
$326,601- $414,700
$414,701- $622,050
$ 622,051 and above
 
Your Tax Is:
   10%
$1,975+12%
$9,235+22%
$29,211+24%
$66,543+32%
$94,735+35%
$167,308+37%
 
Of Amount Over:
$0
$19,750
$80,250
$171,050
$326,600
$414,700
$622,050

2020 Qualified Dividend Income 15%* (0% for lower tax brackets)
*Individuals in the top tax bracket will pay 23.8% (20% plus a 3.8% Medicare surtax).
Note: Tax amounts have been rounded up to nearest dollar.