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2006 Federal Income Tax Rate Calculator
Schedule Y-1 - Married Filing Jointly


Schedule Y-1 - Married Filing Jointly

Income Range Tax Rate Bracket
$0 $15100 10%
$15100 $61300 15%
$61300 $123700 25%
$123700 $188450 28%
$188450 $336550 33%
$336550 no limit 35%

Note: This gives an estimate of income tax. It does not take into account deductions, returns, credits or other variables.

Inputs:
taxable income ($) 



Solution:

Summary
Taxable Income $----
Federal Income Tax $----
Actual Tax Rate ----%
Tax Bracket ----%

Tax Rate
Bracket
Amount To Be Taxed
In Bracket
Tax Income Left
To Be Taxed
Start ---- ---- $----
10 $---- $---- $----
15 $---- $---- $----
25 $---- $---- $----
28 $---- $---- $----
33 $---- $---- $----
35 $---- $---- ----



References - Books:
1) Internal Revenue Service Treasury Department. 2005. 2005 Tax Rate Schedules. http://www.irs.gov.
2) Internal Revenue Service Treasury Department. 2006. 2006 Tax Rate Schedules. http://www.irs.gov.

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