What tax bracket am I in?

Me | TOH

[The Old Hoosier]

I can't figure it out by looking at the IRS site, so let me ask it here: what is the cutoff for each tax bracket? How much would I have to make to put me into one of the top three brackets?

Thanks for any help!

[Destructor]

I thought there was only one tax bracket? "The grab your ankles" tax bracket!

[proxy_user]

Here you go.

[woofer]

How much would I have to make to put me into one of the top three brackets?

Not much

[Warren]

Whatever you pay isn't enough. There are government programs to pay for.

[wardaddy]

Don't forget that anyone who makes between 27K and 110K and who is to recieve the bulk of the planned tax cuts are considered "wealthy" by Daschle and Teddy. What a joke! 27K and a family is actually borderline poverty.

[Phantom Lord]

Work harder, there are millions on welfare depending on you.

[dirtboy]

Well, there are four that I know of:

Screwed, somewhat
Screwed, really
Screwed, big-time
Screwed, completely.

[The Old Hoosier]

Thanks. Can you tell me who qualifies as a head of household? If I live alone, do I fall into that category?

[Bahbah]

No, you have to have a dependent.

[Destructor]

Well, there are four that I know of:

Screwed, somewhat

Screwed, really

Screwed, big-time

Screwed, completely.

HA! That's great!! And SO true!!!

[stuartcr]

If I made 100k, I would consider myself wealthy.

[Focault's Pendulum]

No, you have to have a dependent.

I don't think he's old enough to have to wear those yet

[bray]

Old IRS Tax Form

How much did you earn?............Send it in.

New User Friendly IRS Tax Form

How much did you earn?............Please send it in.

Pray for GW and the Troops

[is_is]

Which Tax Bracket? Forced Servitude

[VRWC_minion]

Thanks. Can you tell me who qualifies as a head of household? If I live alone, do I fall into that category?

Unless your supporting parent who can be claimed as your dependent, you can only get HOH status if a child is living with you.

[carenot]

If I made 100k, I would consider myself wealthy.

There's a snitch in Dallas that police paid $200,000 to in 2 years.

I wonder if he has paid any income taxes?

[wardaddy]

100k with 4 kids and a housewife mommmy and private school and college coming up is not wealth...at least not in my book.

[NittanyLion]

Don't forget to subtract $7450 (if single) or double that (if married) from your gross income, before looking at the tables.

[the bottle let me down]

from the irs faq

I'm single, live alone, and have no dependents. Can I file as head of household?

No. To use this filing status, you must have paid over half the cost of keeping up a home for you and a child or other qualifying person for over half the year. For detailed information, refer to Tax Topic 353, What is Your Filing Status, or Publication 501, Exemptions, Standard Deduction, and Filing Information.