Tax Bracket Tax Rate If you make
$20,000
you pay:
If you make
$50,000
you pay:
If you make
$100,000
you pay:
If you make
$500,000
you pay:
$0 - $8,700 10% 10% of $8,700 = $870 10% of $8,700 = $870 10% of $8,700 = $870 10% of $8,700 = $870
$8,701 - $35,350 15% 15% of $11,300 = $1,695 15% of $26,650 = $3,998 15% of $26,650 = $3,998 15% of $26,650 = $3,998
$35,351 - $86,650 25%   25% of  $14,650 = $3,663 25% of $51,300 = $12,825 25% of $51,300 = $12,825
$85,651 - $178,650 28%     28% of $13,350 = $3,738 28% of $92,000 = $25,760
$178,651 - $388,350 33%       33% of $209,700 = $69,201
$388,351 or more 35%       35% of $111,650 = $39,078
Total Payment:   $2,565 $8,531 $21,431 $151,732