Planned Giving Design Center, LLC
Fri
11
Jan
2008

2005 Federal Income Tax Rate Schedules for Trusts, Estates and Individuals

 

 

2005 Schedule G - Trusts and Estates

If
taxable



of the
income but


amount
is not The tax

over--
over-- over-- is:


$0 $1,950 -------
15%         $0
1,900   4,600  $292.50 + 25%    1,950
4,500   7,000
    955.00 + 28%    4,600
6,850   9,550
 1,627.00 + 33%    7,000
9,350 ------- 2,468.50 + 35%    9,550

2005 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   $7,300        -------
10%          $0
            7,300
   29,700      $730.00 + 15%     7,300
          29,700   71,950
     4,090.00 + 25%   29,700
          71,950 150,150   14,652.50 + 28%   71,950
        150,150 326,450   36,548.50 + 33% 150,150
        326,450   -------   94,727.50 + 35% 326,450

2005 Schedule Y-1 - Married Filing Jointly or Qualifying Widow(er)

If the amount on
Enter on


Form 1040, line
Form 1040,

of the
39, is: But not line 40

amount
over-- over--


over--




                  $0 $14,600     -------
10%          $0
           14,600   59,400
   $1,460.00 + 15%   14,600
           59,400 119,950     8,180.00
 + 25%   59,400
         119,950 182,800   23,317.50 + 28% 119,950
         182,800 326,450   40,915.50 + 33% 182,800
         326,450 -------   88,320.00 + 35% 326,450

2005 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   $7,300       -------
10%
                7,300   29,700      $730.00 + 10%
              29,700   59,975     4,090.00 + 25%
              59,975   91,400
   11,658.75 + 28%
              91,400 163,225   20,457.75 + 33%
            163,225   -------   44,160.00 + 35%

2005 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 $10,450      -------
10%
               10,450   39,800   $1,045.00 + 15%
               39,800 102,800
     5,447.50 + 25%
             102,800 166,450   21,197.50 + 28%
             166,450 326,450   39,019.50 + 33%
             326,450  -------   91,819.50
 + 35%

Sources: 2005 Form 1041-ES and Form 1040-ES