maasujeet
Dec 7, 2008, 12:44 AM
What is slab rate of income tax of salary employee?
MukatA
Dec 8, 2008, 03:41 AM
For Unmarried Individuals (other than Surviving Spouses and Heads of Households)
If Taxable Income Is: The Tax Is:
1. Not over $8,025 10% of the taxable income
2. Over $8,025 but not over $32,550 $802.50 plus 15% of the excess over $8,025
3. Over $32,550 but not over $78,850 $4,481.25 plus 25% of the excess over $32,550
4. Over $78,850 but not over $164,550 $16,056.25 plus 28% of the excess over $78,850