# What were tax rates in 2015?

## What were tax rates in 2015?

How We Make Money

Tax rate Single Head of household
10% Up to \$9,225 Up to \$13,150
15% \$9,226 to \$37,450 \$13,151 to \$50,200
25% \$37,451 to \$90,750 \$50,201 to \$129,600
28% \$90,751 to \$189,300 \$129,601 to \$209,850

### What are the tax brackets in CT?

Basis and Rate

Filing Status Connecticut Taxable Income Rate of Tax
Single/ Married Filing Separate Not over \$10,000 3%
Over \$10,000 \$300, plus 4.5% of the excess over \$10,000
Head of Household Not over \$16,000 3%
Over \$16,000 \$480, plus 4.5% of the excess over \$16,000

How are taxes calculated in Connecticut?

If you file as “Single” or “Married, Filing Separately,” the tax rate is 3.00% on taxable income of \$10,000 or less; 5.00% for up to \$50,000; 5.50% for up to \$100,000; 6.00% for up to \$200,000; 6.50% for up to \$250,000; 6.90% for up to \$500,000; and 6.99% for over \$500,000.

How are the tax tables calculated?

You can calculate the tax bracket you fall into by dividing your income that will be taxed into each applicable bracket. Each bracket has its own tax rate. The bracket you are in also depends on your filing status: if you’re a single filer, married filing jointly, married filing separately or head of household.

## What was the 2015 standard deduction?

Standard Deduction and Personal Exemption

Filing Status Deduction Amount
Single \$ 6,300.00
Married Filing Jointly \$ 12,600.00
Personal Exemption \$ 4,000.00

### What were the tax brackets in 2016?

2016 Income Tax Brackets The Federal income tax has 7 brackets: 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. The amount of tax you owe depends on your income level and filing status. It’s important to understand that moving into a higher tax bracket does not mean that all of your income will be taxed at a higher rate.

What are the CT income tax brackets for 2021?

Connecticut state income tax rate table for the 2020 – 2021 filing season has seven income tax brackets with CT tax rates of 3%, 5%, 5.5%, 6%, 6.5%, 6.9% and 6.99% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses.

Does CT have a standard deduction?

Connecticut does not have a standard deduction.

## How much in taxes do they take out of your paycheck?

Overview of California Taxes

Gross Paycheck \$3,146
Federal Income 15.22% \$479
State Income 4.99% \$157
Local Income 3.50% \$110
FICA and State Insurance Taxes 7.80% \$246

### What is CT income tax rate for 2021?

Connecticut Income Tax Rate 2020 – 2021. Connecticut state income tax rate table for the 2020 – 2021 filing season has seven income tax brackets with CT tax rates of 3%, 5%, 5.5%, 6%, 6.5%, 6.9% and 6.99% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses.

What is a tax table Year?

Also known as tax brackets, tax tables change every year. In fact, the IRS adjusts more than 40 tax provisions for inflation to prevent “bracket creep” — where taxpayers move into higher tax brackets or have reduced credits or deductions because of inflation, rather than from any increase in real income.

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