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Tax Rates

2017 Federal Income Tax Brackets and Marginal Rates

Your marginal tax bracket determines how much of the earnings from savings and investments you get to keep after taxes. Below are the four individual tax rate schedules for 2017:

Individual Tax Rate Schedules for 2017

Filing StatusTaxable Income ($)Marginal Tax Bracket Rate (%)
Married Filing Jointly0 to 18,45010
18,451 to 74,90015
74,901 to 151,20025
151,201 to 230,45028
230,451 to 411,50033
411,501 to 464,85035
464,851 and higher39.6
Head of Household0 to 13,15010
13,151 to 50,20015
50,201 to 129,60025
129,601 to 290,85028
209,8511 to 411,50033
411,501 to 439,00035
493,001 and higher39.6
Single0 to 9,22510
9,226 to 37,45015
37,451 to 90,75025
90,751 to 189,30028
189,301 to 411,50033
411,501 to 413,20035
413,201 and higher39.6
Married Filing Separately0 to 9,22510
9,226 to 37,45015
37,451 to 75,60025
75,601 to 115,22528
115,226 to 205,75033
205,751 to 232,42535
232,426 and higher39.6

Tax-Exempt and Taxable Yields Compared*
Tax-Exempt Yield (%)Taxable Equivalent Yield (%) for Tax Rate of:
15% Tax Bracket25% Tax Bracket28% Tax Bracket33% Tax Bracket35% Tax Bracket39.6% Tax Bracket
*Federal income tax rates only. Does not include state income tax.

*Federal income tax rates only. Does not include state income tax.

If you cannot find a specific rate on the chart you can compare yields by using the following formula:
Taxable equivalent yield = tax-free yield ÷ (100% - marginal tax bracket %)
Example: Assume you are in the 25% tax bracket, and have an account with a 4.5% tax-free yield. To get the equivalent taxable yield, divide 4.5% by 75% (100% - 25%). The taxable yield is 6.%.


Financial Visions does not provide investment, tax, or legal advice. The information presented here is not specific to any individual's personal circumstances.

To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable-we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

This material is designed to provide accurate and authoritative information with regard to the subject matter covered.  It is made available with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

© Financial Visions, 2017