Planned Giving Design Center, LLC
Fri
11
Jan
2008

2004 Federal Income Tax Rate Schedules for Trusts, Estates and Individuals

 

 

2004 Schedule G - Trusts and Estates

If
taxable



of the
income but


amount
is not The tax

over--
over-- over-- is:


$0 $1,950 -------
15%         $0
1,900   4,600  $292.50 + 25%    1,950
4,500   7,000
    955.00 + 28%    4,600
6,850   9,550
 1,627.00 + 33%    7,000
9,350 ------- 2,468.50 + 35%    9,550

2004 Schedule X - Single Individuals

If the amount on
Enter on


Form 1040, line
Form 1040,

of the
39, is: But not line 40

amount
over-- over--


over--




                 $0   $7,150        -------
10%          $0
            7,150
   29,050      $715.00 + 15%     7,150
          29,050   70,350
     4,000.00 + 25%   29,050
          70,350
 146,750   14,325.00 + 28%   70,350
        146,750 319,100   35,717.00 + 33% 146,750
        319,100   -------   92,592.50 + 35% 319,100

2004 Schedule Y-1 - Married Filing Jointly or Qualifying Widow(er)

If the amount on
Enter on


Form 1040, line
Form 1040,

of the
39, is: But not line 40

amount
over-- over--


over--




                  $0 $14,300     -------
10%          $0
           14,300   58,100
   $1,430.00 + 15%   14,300
           58,100 117,250     8,000.00
 + 25%   58,100
         117,250 178,650   22,787.50 + 28% 117,250
         178,650 319,100   39,979.50 + 33% 178,650
         319,100 -------   86,328.00 + 35% 319,100

2004 Schedule Y-2 - Married Filing Separately

If the amount on
Enter on

Form 1040, line
Form 1040,

39, is: But not line 40

over-- over--







                    $0   $7,150       -------
10%
               7,150   29,050      $715.00 + 10%
             29,050   58,625     4,000.00 + 25%
             58,625   89,325   11,393.75 + 28%
             89,325 159,550   19,989.75 + 33%
           159,550   -------   43,164.00 + 35%

2004 Schedule Z - Head of Household

If the amount on
Enter on

Form 1040, line
Form 1040,

39, is: But not line 40

over-- over--







                      $0 $10,200      -------
10%
               10,200   38,900   $1,020.00 + 15%
               38,900 100,500
     5,325.00 + 25%
             100,500
 162,700   20,725.00 + 28%
             162,700 319,100   38,141.00 + 33%
             319,100  -------   89,753.00
 + 35%

Sources: 2004 Form 1041-ES and Form 1040-ES