Winston, Williams, Creech, Evans & Company, L.L.P.
Certified Public Accountants


 

 

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Tax Rate Schedules 2006

 

 

 

Single Individuals

 

 

                        Taxable Income:                                            Tax is:

                        Not over $7,550                                            10% of taxable income

                       

                        Over $7,550 but                                            $775 plus 15% of

                        not over $30,650                                            the excess over $7,550

 

                        Over $30,650 but                                          $4,220 plus 25% of

                        not over $74,200                                           the excess over $30,650

 

                        Over $74,200 but                                           $15,107.50 plus 28% of

                        not over $154,800                                         the excess over $74,200

 

                        Over $154,800 but                                        $37,675.50 plus 33% of

                        not over $336,550                                          the excess over $154,800

 

                        Over $336,550                                              $97,653 plus 35% of

                                                                                               the excess over $336,550

                                               

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Head of Household

 

 

                        Taxable Income:                                            Tax is:

                        Not over $10,750                                           10% of taxable income

                       

                        Over $10,750 but                                            $1,075 plus 15% of

                        not over $41,050                                             the excess over $10,750

 

                        Over $41,050 but                                             $5,620 plus 25% of

                        not over $106,000                                            the excess over $41,050

 

                        Over $106,000 but                                           $21,857.50 plus 28% of

                        not over $171,650                                            the excess over $106,000

 

                        Over $171,650 but                                           $40,239.50 plus 33% of

                        not over $336,550                                            the excess over $171,650

 

                        Over $336,550                                                 $94,656.50 plus 35% of

                                                                                                 the excess over $336,550

 

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Married, Filing Jointly or Qualifying Widow(er)

 

 

                        Taxable Income:                                            Tax is:

                        Not over $15,100                                           10% of taxable income

                       

                        Over $15,100 but                                            $1,510 plus 15% of

                        not over $61,300                                             the excess over $15,100

 

                        Over $61,300 but                                            $8,440 plus 25% of

                        not over $123,700                                           the excess over $61,300

 

                        Over $123,700 but                                          $24,040 plus 28% of

                        not over $188,450                                          the excess over $123,700

 

                        Over $188,450 but                                          $42,170 plus 33% of

                        not over $336,550                                           the excess over $188,450

 

                        Over $336,550                                                $91,043 plus 35% of

                                                                                                the excess over $336,550

 

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Married, Filing Separately

 

 

                        Taxable Income:                                            Tax is:

                        Not over $7,550                                             10% of taxable income

                       

                        Over $7,550 but                                             $755 plus 15% of

                        not over $30,650                                            the excess over $7,550

 

                        Over $30,650 but                                           $4,220 plus 25% of

                        not over $61,850                                            the excess over $30,650

 

                        Over $61,850 but                                           $12,020 plus 28% of

                        not over $94,225                                            the excess over $61,850

 

                        Over $94,225 but                                            $21,085 plus 33% of

                        not over $168,275                                           the excess over $94,225