10 tax rate up to 9875 for singles up to 19750 for joint filers 12 tax rate up to 40125. Source Income Subject to Withholding.
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. The 2020 federal income tax brackets on ordinary income. The income code numbers shown in this table are the same as the income codes on Form 1042-S Foreign Persons US. 5920 for two children and 6660 for three or more children.
The highest income tax rate jumped from 15 percent in 1916 to 67 percent in 1917 to 77 percent in 1918. Feb 2019 This table lists the income tax rates on interest dividends royalties and other income that is not effectiv ely connected with the conduct of a US. All these are relatively small increases from 2019.
After the war federal income tax rates took on the steam of the roaring 1920s dropping to 25 percent from 1925 through 1931.
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