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Major World Market Graphs at a Glance US Federal Tax Bracket Rates
for tax year 2013 


2013 Capital Gains Tax Rates  -  Historical Top Marginal Tax Rates


US Federal tax rates for tax year 2013
For tax year 2013 returns that will be filed in 2014

43.4% is the top Federal marginal tax rate in 2013
You reach this level with a top income tax bracket of 39.6% added to an Unearned Income Medicare Contribution Tax of 3.8% that applies to net investment income for taxpayers whose modified adjusted gross income exceeds $200,000 (for single filers) and $250,000 (for married filing jointly).
 [ 39.6% + 3.8% = 43.4%]

Single Filing Status

[Tax Rate Schedule X, Internal Revenue Code section 1(c)]
10% on taxable income from $0 to $8,925, plus
15% on taxable income over $8,925 to $36,250, plus
25% on taxable income over $36,250 to $87,850, plus
28% on taxable income over $87,850 to $183,250, plus
33% on taxable income over $183,250 to $398,350, plus
35% on taxable income over $398,350 to $400,000, plus
39.6% on taxable income over $400,000.
Married Filing Jointly or Qualifying Widow(er)

[Tax Rate Schedule Y-1, Internal Revenue Code section 1(a)]
10% on taxable income from $0 to $17,850, plus
15% on taxable income over $17,850 to $72,500, plus
25% on taxable income over $72,500 to $146,400, plus
28% on taxable income over $146,400 to $223,050, plus
33% on taxable income over $223,050 to $398,350, plus
35% on taxable income over $398,350 to $450,000, plus
39.6% on taxable income over $450,000.

Head of Household Filing Status

[Tax Rate Schedule Z, Internal Revenue Code section 1(b)]
10% on taxable income from $0 to $12,750, plus
15% on taxable income over $12,750 to $48,600, plus
25% on taxable income over $48,600 to $125,450, plus
28% on taxable income over $125,450 to $203,150, plus
33% on taxable income over $203,150 to $398,350, plus
35% on taxable income over $398,350 to $425,000, plus
39.6% on taxable income over $425,000.
Married Filing Separately Filing Status

[Tax Rate Schedule Y-2, Internal Revenue Code section 1(d)]
10% on taxable income from $0 to $8,925, plus
15% on taxable income over $8,925 to $36,250, plus
25% on taxable income over $36,250 to $73,200, plus
28% on taxable income over $73,200 to $111,525, plus
33% on taxable income over $111,525 to $199,175, plus
35% on taxable income over $199,175 to $225,000, plus
39.6% on taxable income over $225,000.
Note: Each tax rate applies to a range of income, which is called a tax bracket. Each tax rate applies to a specific range of taxable income. Taxable income is total income after various deductions have been subtracted.
2013 Capital Gains Tax Rates
Ordinary Income
Tax Rate		 Long-term
Capital Gain Rate		 Short-term
Capital Gain Rate
10% 0% 10%
15% 0% 15%
25% 15% 25%
28% 15% 28%
33% 15% 33%
35% 15% 35%
39.6%
 20%
 39.6%
  • Capital gains up to $250,000 ($500,000 if filed jointly) on real estate used as primary residence are exempt.
  • The Medicare surtax on net investment income. A 3.8% surtax will be due on the lesser of your net investment income for the year, or the amount by which your “modified adjusted gross income”—or MAGI—exceeds those income thresholds. Note that a taxpayer could be subject to both the additional 0.9% tax on earned income and this 3.8% tax.
  • Single filers with adjusted gross income (AGI) in excess of $250,000 or couples who are married filing jointly and have AGI in excess of $300,000 will also face phaseouts of their deductions and personal exemptions. The phaseout of the personal exemption (sometimes called “PEP”) means for every $2,500 of AGI (or portion thereof) above $250,000 ($300,000 for married couples filing jointly), the $3,900 per-person personal exemption will be reduced by 2%. For married couples, personal exemptions will be fully phased out once their AGI exceeds $422,501, or for single filers if AGI exceeds $372,501.



Source  http://www.irs.gov/pub/irs-pdf/n1036.pdf

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