Income tax brackets

Below are the income tax brackets for the 2016 tax year.  These are the marginal tax rates, in that you will be taxed at each of these levels as your income rises.  For example, if you are single and had taxable income of $60,000, your tax would be the sum of 10% of $9,275, 15% of $28,375 ($37,650 minus $9,275), and 25% of $22,350 ($60,000 minus $37,650).  Capital gains tax brackets are different from income tax brackets.

2016 Income tax brackets
Rate Single Filer Married Filing Jointly Head of Household
10% $0 – $9,275 $0 – $18,550 $0 – $13,250
15% $9,276 – $37,650 $18,551 – $75,300 $13,251 – $50,400
25% $37,651 – $91,150 $75,301 – $151,900 $50,401 – $130,150
28% $91,151 – $190,150 $151,901 – $231,450 $130,151 – $210,800
33% $190,151 – $413,350 $231,451 – $413,350 $210,801 – $413,350
35% $413,351 – $415,050 $413,351 – $466,950 $413,351 – $441,000
39.6% >$415,050 >$466,950 >$441,000