Planned Giving Design Center, LLC
Fri
11
Jan
2008

2003 Federal Income Tax Rate Schedules for Trusts, Estates and Individuals

 

 

2003 Schedule G - Trusts and Estates

If
taxable



of the
income but


amount
is not The tax

over--
over-- over-- is:


$0 $1,900 -------
15% $0
1,900 4,500 $285.00 + 27% 1,900
4,500 6,850 987.00 + 30% 4,500
6,850 9,350 1,692.00 + 35% 6,850
9,350 ------- 2,567.00 + 38.6% 9,350

2003 Schedule X - Single Individuals

If the amount on
Enter on


Form 1040, line
Form 1040,

of the
39, is: But not line 40

amount
over-- over--


over--




$0 $6,000 -------
10% $0
6,000 28,400 $600.00 + 15% 6,000
28,400 68,800 3,960.00 + 27% 28,400
68,800 143,500 14,868.00 + 30% 68,800
143,500 311,950 37,278.00 + 35 143,500
311,950 ------- 96,235.50 + 38.6% 311,950

2003 Schedule Y-1 - Married Filing Jointly

If the amount on
Enter on


Form 1040, line
Form 1040,

of the
39, is: But not line 40

amount
over-- over--


over--




$0 $12,000 -------
10% $0
12,000 47,450 $1,200.00 + 15% 12,000
47,450 114,650 6,517.50 + 27% 47,450
114,650 174,700 24,661.50 + 30% 114,650
174,700 311,950 42,676.50 + 35% 174,700
311,950 ------- 90,714.00 + 38.6% 311,950

2003 Schedule Y-2 - Married Filing Separately

If the amount on
Enter on

Form 1040, line
Form 1040,

39, is: But not line 40

over-- over--







$0 $6,000 -------
10%
6,000 23,725 $600.00 + 10%
23,725 57,325 3,258.75 + 27%
57,325 87,350 12,330.75 + 30%
87,350 155,975 21,338.25 + 35%
155,975 ------- 45,357.00 + 38.6%

2003 Schedule Z - Head of Household

If the amount on
Enter on

Form 1040, line
Form 1040,

39, is: But not line 40

over-- over--







$0 $10,000 -------
10%
10,000 38,050 $1,000.00 + 15%
38,050 98,250 5,207.50 + 27%
98,250 159,100 21,461.50 + 30%
159,100 311,950 39,716.50 + 35%
311,950 ------- 93,214 + 38.6%

Sources: 2003 Form 1041-ES and Form 1040-ES