United States Tax Tables 2020

Home > Tax Tables > 2020

United States Federal Tax Tables 2020/21 Tax Brackets

You can calculate your tax deductions and take home pay for 2020 using the 2020 Tax Form Calculator

2020 Tax Rates: Single Filers
If Taxable Income is:Then Taxable Rate within that threshold is:
$ 0.00 - $ 9,875.0010%
$ 9,875.01 - $ 40,125.0012%
$ 40,125.01 - $ 85,525.0022%
$ 85,525.01 - $ 163,300.0024%
$ 163,300.01 - $ 207,350.0032%
$ 207,350.01 - $ 518,400.0035%
$ 518,400.01 - $ 518,401.0037%

Additional allowances, Non refundable tax credits and tax thresholds for Single Filers in 2020

The following additional tax figures are used in the 2020 Tax Form Calculator, if you spot an error that needs fixing, please contact us

  1. Standard Deduction $ 12,400.00
  2. PE Phaseout $ 258,250.00
  3. Blind / Elderly Deduction $ 1,650.00
2020 Tax Rates: Married Filling Joint Returns
If Taxable Income is:Then Taxable Rate within that threshold is:
$ 0.00 - $ 19,750.0010%
$ 19,750.01 - $ 80,250.0012%
$ 80,250.01 - $ 171,050.0022%
$ 171,050.01 - $ 326,600.0024%
$ 326,600.01 - $ 414,700.0032%
$ 414,700.01 - $ 622,050.0035%
$ 622,050.01 - $ 622,051.0037%

Additional allowances, Non refundable tax credits and tax thresholds for Married Filling Joint Returns in 2020

The following additional tax figures are used in the 2020 Tax Form Calculator, if you spot an error that needs fixing, please contact us

  1. Standard Deduction $ 24,800.00
  2. PE Phaseout $ 309,900.00
  3. Blind / Elderly Deduction $ 1,300.00
2020 Tax Rates: Married Individuals Filling Seperately
If Taxable Income is:Then Taxable Rate within that threshold is:
$ 0.00 - $ 9,875.0010%
$ 9,875.01 - $ 40,125.0012%
$ 40,125.01 - $ 85,525.0022%
$ 85,525.01 - $ 163,300.0024%
$ 163,300.01 - $ 207,350.0032%
$ 207,350.01 - $ 518,400.0035%
$ 518,400.01 - $ 518,401.0037%

Additional allowances, Non refundable tax credits and tax thresholds for Married Individuals Filling Seperately in 2020

The following additional tax figures are used in the 2020 Tax Form Calculator, if you spot an error that needs fixing, please contact us

  1. Standard Deduction $ 12,400.00
  2. PE Phaseout $ 154,950.00
  3. Blind / Elderly Deduction $ 1,300.00
2020 Tax Rates: Head of Household Filers
If Taxable Income is:Then Taxable Rate within that threshold is:
$ 0.00 - $ 14,100.0010%
$ 14,100.01 - $ 53,700.0012%
$ 53,700.01 - $ 85,500.0022%
$ 85,500.01 - $ 163,300.0024%
$ 163,300.01 - $ 207,350.0032%
$ 207,350.01 - $ 518,400.0035%
$ 518,400.01 - $ 510,301.0037%

Additional allowances, Non refundable tax credits and tax thresholds for Head of Household Filers in 2020

The following additional tax figures are used in the 2020 Tax Form Calculator, if you spot an error that needs fixing, please contact us

  1. Standard Deduction $ 18,650.00
  2. PE Phaseout $ 284,050.00
  3. Blind / Elderly Deduction $ 1,650.00
2020 Tax Rates: Widowers and Surviving Spouse Filers
If Taxable Income is:Then Taxable Rate within that threshold is:
$ 0.00 - $ 19,750.0010%
$ 19,750.01 - $ 80,250.0012%
$ 80,250.01 - $ 171,050.0022%
$ 171,050.01 - $ 326,600.0024%
$ 326,600.01 - $ 414,700.0032%
$ 414,700.01 - $ 622,050.0035%
$ 622,050.01 - $ 622,051.0037%

Additional allowances, Non refundable tax credits and tax thresholds for Widowers and Surviving Spouse Filers in 2020

The following additional tax figures are used in the 2020 Tax Form Calculator, if you spot an error that needs fixing, please contact us

  1. Standard Deduction $ 24,800.00
  2. PE Phaseout $ 309,900.00
  3. Blind / Elderly Deduction $ 1,300.00

United States Federal Tax Tables 2020/21 Tax Allowances and Thresholds

You can calculate your tax deductions and take home pay for 2020 using the 2020 Tax Form Calculator

Family Tax Credit$ 500.00
Child Tax Credit Rate$ 2,000.00
Child Tax Credit Threshold$ 3,000.00
Child Tax Credit Rebate Rate$ 15.00
Standard Deductions$ 0.00
Social Security Rate$ 6.20
Social Security Limit$ 137,700.00
Social Security Maximum payable$ 8,537.40
Medicare Rate$ 1.45

United States Federal Tax Tables 2020/21 Pension Plan Limitations

IRA Contributions Limit$ 6,500.00
401k Contributions Limit$ 19,500.00
IRA Contributions Limit over 50$ 1,000.00
401k Contributions Limit over 50$ 26,000.00
IRA Phaseout lower threshold$ 65,000.00
IRA Phaseout upper threshold$ 77,000.00