Federal Income Tax Brackets from 2009-2014

2014 Federal Income Tax Brackets

Income Tax	Single		Married Filing Jointly / Qualifying Widower		Married Filing Separately		Head of Household		Long-Term Capital Gains and Qualified Dividends
Rate	over	up to	over	up to	over	up to	over	up to	Rate
10%	0	9,075	0	18,150	0	9,075	0	12,950	0%
15%	9,075	36,900	18,150	73,800	9,075	36,900	12,950	49,400	0%
25%	36,900	89,350	73,800	148,850	36,900	74,425	49,400	127,550	15%
28%	89,350	186,350	148,850	226,850	74,425	113,425	127,550	206,600	15%
33%	186,350	405,100	226,850	405,100	113,425	202,550	206,600	405,100	15%
35%	405,100	406,750	405,100	457,600	202,550	228,800	405,100	432,200	15%
39.6%	406,750		457,600		228,800		432,200		20%

IRS Increases Mileage Rate to 56.5 Cents per Mile

The IRS today announced the increase of the standard mileage rates for the 2013 tax year.

The standard mileage rates are the following:

	Business	Medical Moving	Charitable
2013	56.5	24	14
July 1, 2011 - Dec. 31, 2012	55.5	23.5	14
Jan. 1, 2011 - June 30, 2011	51	19	14
2010	50	16.5	14
2009	55	24	14
July 1, 2008 - Dec. 31, 2008	58.5	27	14
Jan. 1, 2008 - June 30, 2008	50.5	19	14
2007	48.5	20	14
2006	44.5	18	14, 32*, 44.5**
September 1 - December 31, 2005	48.5	22	14, 34*, 48.5**
August 25 - 31, 2005	40.5	15	14, 29*, 40.5**
January 1 - August 24, 2005	40.5	15	14
2004	37.5	14	14

Tax deadline: one week away

For those filed Form 4868 Application for Automatic Extension of Time To File U.S. Individual Income Tax Return, now is the time to make plans to finalize your tax return. The due date is October 17, 2011.

Federal Income Tax Brackets from 2009-2012

2012 Federal Income Tax Brackets

Income Tax	Single		Married Filing Jointly / Qualifying Widower		Married Filing Separately		Head of Household		Long-Term Capital Gains and Qualified Dividends
Rate	over	up to	over	up to	over	up to	over	up to	Rate
10%	0	8,700	0	17,400	0	8,700	0	12,400	0%
15%	8,700	35,350	17,400	70,700	8,700	35,350	12,400	47,350	0%
25%	35,350	85,650	70,700	142,700	35,350	71,350	47,350	122,300	15%
28%	85,650	178,650	142,700	217,450	71,350	108,725	122,300	198,050	15%
33%	178,650	388,350	217,450	388,350	108,725	194,175	198,050	388,350	15%
35%	388,350		388,350		194,175		388,350		15%

Tax Refund Withholdings and Offsets

If you owe money because of certain delinquent debts, the IRS or the Department of Treasury's Financial Management Service (FMS), which issues IRS tax refunds, can offset or reduce your federal tax refund or withhold the entire amount to satisfy the debt.

FMS
Outstanding debts include past–due child support, federal agency nontax debts such as student loans, or state income tax obligations.