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Charles F. Morgan, CPA, P.C.31 Old Etna Road
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Tax CenterDue Dates Retention-Guide Tax Rates
Tax TipsFor Individuals For Businesses Tax Financial |
| Rates By Year | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
2009 Tax Rates
| 2009 Tax Rates Schedule X - Single | ||
| If taxable income is over |
But Not Over | The Tax is: |
| $0 | $8,350 | 10% of the taxable amount |
| $8,350 | $33,950 | $835 plus 15% of the amount over $8,350 |
| $33,950 | $82,250 | $4,675 plus 25% of the amount over $33,950 |
| $82,250 | $171,550 | $16,750 plus 28% of the amount over $82,250 |
| $171,550 | $372,950 | $41,754 plus 33% of the amount over $171,550 |
| $372,950 | no limit | $108,216 plus 35% of the amount over $372,950 |
| 2009 Tax Rates Schedule Y-1 - Married Filing Jointly or Qualifying Widow(er) | ||
| If taxable income is over |
But Not Over | The Tax is: |
| $0 | $16,700 | 10% of the taxable amount |
| $16,700 | $67,900 | $1,670 plus 15% of the amount over $16,700 |
| $67,900 | $137,050 | $9,350 plus 25% of the amount over $67,900 |
| $137,050 | $208,850 | $26,637.50 plus 28% of the amount over $137,050 |
| $208,850 | $372,950 | $46,741.50 plus 33% of the amount over $208,850 |
| $372,950 | no limit | $100,894.50 plus 35% of the amount over $372,950 |
| 2009 Tax Rates Schedule Y-2 - Married Filing Separately | ||
| If taxable income is over |
But Not Over | The Tax is: |
| $0 | $8,350 | 10% of the taxable amount |
| $8,350 | $33,950 | $835 plus 15% of the amount over $8,350 |
| $33,950 | $68,525 | $4,675 plus 25% of the amount over $33,950 |
| $68,525 | $104,425 | $13,318.75 plus 28% of the amount over $68,525 |
| $104,425 | $186,475 | $23,370.75 plus 33% of the amount over $104,425 |
| $186,475 | no limit | $50,447.25 plus 35% of the amount over $186,475 |
| 2009 Tax Rates Schedule Z - Head of Household | ||
| If taxable income is over |
But Not Over | The Tax is: |
| $0 | $11,950 | 10% of the taxable amount |
| $11,950 | $45,500 | $1,195.00 plus 15% of the amount over $11,950 |
| $45,500 | $117,450 | $6,227.50 plus 25% of the amount over $45,500 |
| $117,450 | $190,200 | $24,215 plus 28% of the amount over $117,450 |
| $190,200 | $372,950 | $44,585 plus 33% of the amount over $190,200 |
| $372,950 | no limit | $104,892 plus 35% of the amount over $372,950 |
| 2009 Tax Rates Estates & Trusts | ||
| If taxable income is over |
But Not Over | The Tax is: |
| $0 | $2,300 | 15% |
| $2,300 | $5,350 | 25% |
| $5,350 | $8,200 | 28% |
| $8,200 | $11,150 | 33% |
| $11,150 | no limit | 35% |
| Social Security | |
| Base Salary | $106,800 |
| Social Security Tax Rate | 6.2% |
| Maximum Social Security Tax | $6,621.60 |
| Medicare Base Salary | Unlimited |
| Medicare Tax Rate | 1.45% |
| Education | |
| Hope Credit | $2,500 |
| Lifetime Learning Credit | $2,000 |
| Student Loan Interest Deduction | $2,500 |
| Coverdell Education Savings Contribution | $2,000 |
| Miscellaneous | |
| Personal Exemption | $3,650 |
| Business Equipment Expense Deduction | $250,000 |
| Prior-year safe harbor for estimated taxes of higher-income | 110% of your 2008 tax liability |
| Standard mileage rate for business driving | 55 cents |
| Standard mileage rate for medical/moving driving | 24 cents |
| Standard mileage rate for charitable driving | 14 cents |
| Child Tax Credit | $1,000 |
| Unearned income maximum for children before kiddie tax applies | $950 |
| Maximum capital gains tax rate for taxpayers in the 10% or 15% bracket | 0% |
| Maximum capital gains tax rate for taxpayers above the 15% bracket | 15% |
| Capital gains tax rate for unrecaptured Sec. 1250 gains | 25% |
| Capital gains tax rate on collectibles | 28% |
| Maximum contribution for Traditional/Roth IRA $5,000 | if under age 50 $6,000 if 50 or older |
| Maximum employee contribution to SIMPLE IRA $11,500 | if under age 50 $14,000 if 50 or older |
| Maximum Contribution to SEP IRA 25% of compensation up to | $49,000 |
| 401(k) maximum employee contribution limit $16,500 | if under age 50 $22,000 if 50 or older |
| Self-employed health insurance deduction | 100% |
| Estate tax exemption | $3,500,000 |
| Annual Exclusion for Gifts | $13,000 |
| Miscellaneous | 2009 Tax Rates |
| Rates By Year | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
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