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Tax Brackets 2009   Want to save thousands on taxes? Get our complete list of tax deductions! Free:                   Single Taxpayers--2009 Taxable income: Tax: Over But not over Tax +% On amount over $ 0 $ 8,350 $ 0.00 10 $ 0 8,350 33,950 835.00 15 8,350 33,950 82,250 4,675.00 25 33,950 82,250 171,550 16,750.00 28 82,250 171,550 372,950 41,754.00 33 171,550 372,950 ....... 108,216.00 35 372,950 Married Individuals Filing Joint and Surviving Spouses--2009 Taxable income: Tax: Over But not over Tax +% On amount over $ 0 $ 16,700 $ 0.00 10 $ 0 16,700 67,900 1,670.00 15 16,700 67,900 137,050 9,350.00 25 67,900 137,050 208,850 26,637.50 28 137,050 208,850 372,950 46,741.50 33 208,850 372,950 ....... 100,894.50 35 372,950 Married Individuals Filing Separate--2009   Taxable income: Tax: Over But not over Tax +% On amount over $ 0 $ 8,350 $ 0.00 10 $ 0 8,350 33,950 835.00 15 8,350 33,950 68,525 4,675.00 25 33,950 68,525 104,425 13,318.75 28 68,525 104,425 186,475 23,370.75 33 104,425 186,475 ....... 50,447.25 35 186,475 Heads Of Households--2009 Taxable income: Tax: Over But not over Tax +% On amount over $ 0 $ 11,950 $ 0.00 10 $ 0 11,950 45,500 1,195.00 15 11,950 45,500 117,450 6,227.50 25 45,500 117,450 190,200 24,215.00 28 117,450 190,200 372,950 44,585.00 33 190,200 372,950 ....... 104,892.50 35 372,950 Estates And Trusts--2009 Taxable income: Tax: Over But not over Tax +% On amount over $ 0 $2,300 0.00 15 $ 0 2,300 5,350 $ 345.00 25 2,300 5,350 8,200 1,107.50 28 5,350 8,200 11,150 1,905.50 33 8,200 11,150 ..... 2,879.00 35 11,150 Long-Term Capital Gains and Qualifying Dividends--2009 For taxpayers in the 10% or 15% bracket--0% For taxpayers in higher brackets--15% Tax on unrecaptured Sec. 1250 gain--25% Capital gain rate on collectibles--28%     Standard Deduction--2009 Filing Status Standard Deduction Married filing joint and surviving spouses $11,400 Heads of Household 8,350 Single individuals 5,700 Married, filing separate 5,700 Dependent's Standard Deduction--No more than the greater of $950 or $300 plus the individual's earned income. Additional standard deduction for aged and blind--$1,100 each ($1,400 if individual is unmarried and not surviving spouse) Additional standard deduction for real estate taxes--$500 max. ($1,000 if married filing joint) if not itemizing. Additional standard deduction for sales tax paid on new motor vehicle purchased on or after February 17, 2009 and in or before December 31, 2009. Amount phased out for taxpayers with AGI between $125,000 ($250,000 married, joint) and $135,000 ($260,000 married, joint). Additional standard deduction for casualty losses in federally declared disaster area.   Itemized Deduction Phaseout--2009 All filing status but married separate--$166,800; Married, separate--$83,400   Personal Exemption--2009 Amount--$3,650 Phaseout of Personal Exemption-- Filing Status AGI Begin Phaseout AGI Maximum Phaseout Married, filing joint/surviving spouse $250,200 $372,700 Heads of household 208,500 331,000 Single 166,800 289,300 Married, filing separate 125,100 186,350 For taxable years beginning in 2009 the exemption amount for taxpayers with AGI in excess of the maximum phaseout amount is $2,433.   Alternative Minimum Tax--2009 First $175,000 ($87,500 married, separate) of Alternative Minimum Taxable Income 26% Over $175,000 of AMTI (Alternative Minimum Taxable Income) 28% Exemptions: Joint Filers $70,950 Married, separate $35,475 Single (and head of household) $46,700 Estates & Trusts $22,500 Child subject to Kiddie Tax $6,700 (plus child's earned income) Exemption Phaseout: 25% of amount AMTI exceeds: $150,000 for married, joint and surviving spouses $112,500 single (and head of household) $75,000 married, filing separate American Opportunity Tax Credit (Hope Credit)--2009 100% of first $2,000 of education expenses; 25% of expenses between $2,000 and $4,000 (maximum $2,500) Phaseout begins at modified adjusted gross income of $160,000 joint return; $80,000 all others. Credit completely phased out at $180,000 ($90,000).   Lifetime Learning Credits--2009 Phaseout begins at modified adjusted gross income of $100,000 joint return; $50,000 all others.   Interest on Education Loans--2009 Maximum interest deduction--$2,500 Modified adjusted gross income phaseout range--Married, joint, $120,000--$150,000; all other filing status, $60,000--$75,000   Savings Bond/Higher Education Expense Exclusion--2009 Modified adjusted gross income phaseout--married, joint, $104,900--$134,900; all other filing status, $69,950--$84,950   Qualified Transportation Fringe Benefit Exclusion--2009 Commuter highway vehicle and transit pass 1/09-2/09--$120 Commuter highway vehicle and transit pass 2/09-12/09--$230 Qualified parking--$230   Miscellaneous--2009 Annual Exclusion for Gifts--$13,000 Annual Exclusion for Gifts to Spouse not a Citizen--$133,000 Notice of Large Gifts Received from Foreign Persons--$14,139 Interest on Certain Portion of Estate Tax Payable in Installments (Sec. 6166; 2% portion)--$1,330,000 Valuation of Qualified Real Property in Decendent's Gross Estate (Sec. 2032A)--$1,000,000 Unearned Income of Minor Child (Kiddie Tax)--$950 ($9,500 for parental election) Foreign Earned Income Exclusion--$91,400 Minor Child subject to Kiddie Tax--up to age 18 or full-time student over 18 with earned income no more than 1/2 support under age 24.     Adoption Expenses--2009 Maximum credit for child with special needs--$12,150 Maximum credit, other adoptions--$12,150 Other adoptions, gross income exclusion, qualified expenses up to $12,150 Phaseout range, modified adjusted gross income--$182,180 to $222,180   Persons Against Which a Federal Tax Lien is Not Valid--2009 Purchasers in a casual sale for less than $1,380 or a mechanic's lienor that repair or improved certain residential property if the contract price is not more than $6,880.   Eligible Long-Term Care Premiums--2009 Attained Age Before the Close of the Tax Year Limitation on Premiums 40 or less $ 320 More than 40 but not more than 50 600 More than 50 but not more than 60 1,190 More than 60 but not more than 70 3,180 More than 70 3,980 Social Security--2009 OASDI Wage Base--$106,800 Household employee cash wages threshold--$1,700 Quarter of coverage--$1,090   Health Savings Accounts--2009 Maximum annual HSA contributions deductible--$3,000 for individual; $5,950 for family coverage Catch-up contributions for individuals 55 or older (but less than 65) is $1,000 (pro rate for year). Deductible Amounts that define High Deductible Plan: Annual Deductible Deductibles, Co-Payments and other Amounts Not Less Than but not Premiums Not to Exceed Self Only $1,150 $ 5,800 Family Coverage 2,300 11,600 Sales Tax Deduction for Autos--2009 Sales tax on new vehicles purchased after February 16, 2009 is deductible. Only the first $49,500 of vehicle cost qualifies. Deductions is phased out for AGI between $250,000 and $260,000 (married, joint) or $125,000 and $135,000 (single).                                                     Recent Tax Questions                     Tax Credits       How do I get the $8,000 first-time home buyer credits?       Can I claim my children as dependants if they worked in 2009?       What is the max age for qualified dependant?       Can my daughter get a refund if we claim her on our taxes?       Is there a credit for energy efficient windows?       Is there a tax credit for domestic violence shelter?       I receive no support from ex husband...can he claim child as dependent?       Does claiming first-time home buyer credit impact disability tax benefits?   Tax Deductions       What is the max age for qualified dependant?       Can I get a refund if I had no income in 2009?       Can my daughter get a refund if we claim her on our taxes?       What are the tax deductions available for construction employee?       Can we deduct sales tax on a new vehicle?       How much can I claim for Donations?       I haven't received $12k of wages, can I write it off?       are medical expenses (doctor, dentist, eyeglasses) deductible on taxes for 2009?             First Time Home Buyer Credit       How do I get the $8,000 first-time home buyer credits?       Does claiming first-time home buyer credit impact disability tax benefits?       Will I qualify for the first-time home buyer credit if I am on my parents' title?       After how much time can I sell my new house, to get the first-time home buyer credit?       How long do I have to stay in my new house, to get the first-time home buyer credit?   401K       How much will I pay in taxes on withdrwaral from 401k account?       Interest on 401k account, taxable?       Is money taken out from 401k tax free?       Is loan repayment to my retirement account taxable?       2010 Conversion - is tax due 04.15.2011?   Other Tax Questions       Loss on short sale, dedcutible?       How do I get the $8,000 first-time home buyer credits?       Can I claim my children as dependants if they worked in 2009?       What is the max age for qualified dependant?       Disability payments - are they taxable?             1040       Disability payments - are they taxable?       What are the tax deductions available for construction employee?       Is there a penalty for filing return before the due date?       How much can I claim for Donations?       How can i get copys of my taxexsif I am self employed i need copies 07 and 08!       How can I obtain copy of previous years W2?       Can I file my husband taxes if he is in prison?       What are hte tax rates on a prize of $32,000?   Refund       Can I get a refund if I had no income in 2009?       Can my daughter get a refund if we claim her on our taxes?       Can the IRS take our refund toward student loan debt?       Can I get a refund anticipation loan before filing tax return?       How do I check status of a return I file for previous year?       I was arrested, can I still get the stimulus refund?       How to Check status of $8,000 credit?       Where is my MA state refund?           Dependants       Can I claim my children as dependants if they worked in 2009?       What is the max age for qualified dependant?       I receive no support from ex husband...can he claim child as dependent?       Are trips to my son's college deductible?       Is money I sent home while deployed, considered "gift"?   Payroll       What are the tax deductions available for construction employee?       I haven't received $12k of wages, can I write it off?       How can I obtain copy of previous years W2?       What will be my net?       filing previous years returns   Amended Return       How do I get the $8,000 first-time home buyer credits?       How do I amend filing status in a previous year return?       How do I get the first-time home buyer credit?       When can I file amended return?       I filed amended return in May, when will the refund come?           Capital Gain       Loss on short sale, dedcutible?       What are the tax consequenses on sale of rental property?       What are the tax rates for capital gains       How should I report stock sales I held since 1963       How much tax will I pay on $9,000?   Taxable Income       Disability payments - are they taxable?       I haven't received $12k of wages, can I write it off?       Is wages,tips,unemployment,jury duty taxable income ?       Is money I sent home while deployed, considered "gift"?       Interest on 401k account, taxable?             Download Tax Forms       Form 2848       Form 1040EZ       IRS Form 8822       IRS Form W9       2008 Form 4868   Download Tax Forms       2009 Form W4       W9       2008 Form 1040       2008 Form 1040EZ       Form 2555   Watch Tax Videos       Where to Incorporate Your Real Estate Business       Where to Incorporate Your Real Estate Business       Our Troubling Tax System       W-2 WTF?!?!: Tax Facts to Make Your Head Explode!