COGENT Tax Rate Schedules            spring 2006

 

 

 

 

 

If TAXABLE INCOME

The TAX Is

 

THEN

 

Is Over

But Not Over

This Amount

Plus This %

 

Of the Excess Over

SCHEDULE X —

 Single

 

 

 

 

 

$0

$7,000

$0.00

 10%

 

$0.00

 

$7,000

$28,400

$700.00

 15%

 

$7,000

 

$28,400

$68,800

$3,910.00

 25%

 

$28,400

 

$68,800

$143,500

$14,010.00

 28%

 

$68,800

 

$143,500

$311,950

$34,926.00

 33%

 

$143,500

 

$311,950

--

$90,514.50

 35%

 

$311,950

SCHEDULE Y-1 —

 

 Married Filing  Jointly or   Qualifying   Widow(er)

 

$0

$14,000

$0.00

 10%

 

$0.00

 

$14,000

$56,800

$1,400.00

 15%

 

$14,000

 

$56,800

$114,650

$7,820.00

 25%

 

$56,800

 

$114,650

$174,700

$22,282.50

 28%

 

$114,650

 

$174,700

$311,950

$39,096.50

 33%

 

$174,700

 

$311,950

--

$84,389.00

 35%

 

$311,950

SCHEDULE Y-2 —

 

 Married Filing  Separately

 

$0

$7,000

$0.00

 10%

 

$0.00

 

$7,000

$28,400

$700.00

 15%

 

$7,000

 

$28,400

$57,325

$3,910.00

 25%

 

$28,400

 

$57,325

$87,350

$11,141.25

 28%

 

$57,325

 

$87,350

$155,975

$19,548.25

 33%

 

$87,350

 

$155,975

--

$42,194.50

 35%

 

$155,975

SCHEDULE Z —

 

 Head of  Household

 

$0

$10,000

$0.00

 10%

 

$0.00

 

$10,000

$38,050

$1,000.00

 15%

 

$10,000

 

$38,050

$98,250

$5,207.50

 25%

 

$38,050

 

$98,250

$159,100

$20,257.50

 28%

 

$98,250

 

$159,100

$311,950

$37,295.50

 33%

 

$159,100

 

$311,950

--

$87,736.00

 35%

 

$311,950