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-   -   Slab rate of tax (individual) (https://www.askmehelpdesk.com/showthread.php?t=289269)

  • Dec 7, 2008, 12:44 AM
    maasujeet
    Slab rate of tax (individual)
    What is slab rate of income tax of salary employee?
  • Dec 8, 2008, 03:41 AM
    MukatA

    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

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