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  2. The federal tax brackets for 2020 are broken down into seven (7) taxable income groups, based on your filing status1. The tax rates for 2020 are: 10%, 12%, 22%, 24%, 32%, 35%, and 37%12. The Head of Household Tax Table for 2020 is as follows2:
    1. 10% - $0 to $14,100
    2. 12% - $14,101 to $53,700
    3. 22% - $53,701 to $85,500
    4. 24% - $85,501 to $163,300
    5. 32% - $163,301 to $207,350
    6. 35% - $207,351 to $518,400
    7. 37% - Over $518,400
    Learn more:
    The federal tax brackets are broken down into seven (7) taxable income groups, based on your filing status. The tax rates for 2020 are: 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
    www.irs.com/en/2020-federal-tax-rates-brackets-st…

    Head of Household Tax Table

    • 10% - $0 to $14,100
    • 12% - $14,101 to $53,700
    • 22% - $53,701 to $85,500
    • 24% - $85,501 to $163,300
    • 32% - $163,301 to $207,350
    www.purposefulfinance.org/home/articles/irs-2020 …
     
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