2003 Tax Rate Schedules
| Ordinary Income Rates |
| 2003 Taxable Income |
Base Amount Tax |
Rate on + Excess |
| Single |
| $0-7,000 |
0.00 |
10% |
| $7,001-28,400 |
$700.00 |
15% |
| $28,401-68,800 |
$3,910.00 |
25% |
| $68,801-143,500 |
$14,010.00 |
28% |
| $143,501-311,950 |
$34,926.00 |
33% |
| $311,951+ |
$90,514.50 |
35% |
| Married Filing Jointly |
| $0-14,000 |
0.00 |
10% |
| $14,001-56,800 |
$1,400.00 |
15% |
| $56,801-114,650 |
$7,820.00 |
25% |
| $114,651-174,700 |
$22,282.50 |
28% |
| $174,701-311,950 |
$39,096.50 |
33% |
| $311,951+ |
$84,389.50 |
35% |
| Married Filing Separately |
| $0-7,000 |
0.00 |
10% |
| $7,001-28,400 |
$700.00 |
15% |
| $28,401-57,325 |
$3,910.00 |
25% |
| $57,326-87,350 |
$11,141.25 |
28% |
| $87,351-155,975 |
$19,548.25 |
33% |
| $155,976+ |
$42,194.50 |
35% |
| Head of the Household |
| $0-10,000 |
0.00 |
10% |
| $10,001-38,050 |
$1,000.00 |
15% |
| $38,051-98,250 |
$5,207.50 |
25% |
| $98,251-159,100 |
$21,461.50 |
28% |
| $159,101-311,950 |
$39,716.50 |
33% |
| $311,951+ |
$93,214.00 |
35% |
| Long Term Capital Gain Rates |
| Sales Before 5/6/03: |
15% Bracket or Below
|
10% |
25% Bracket or Above
|
20% |
| Sales After 5/6/03: |
15% Bracket or Below
|
5% |
25% Bracket or Above
|
15% |
| Qualifying Dividend Rates: |
15% Bracket or Below
|
5% |
25% Bracket or Above
|
15% |
|
|
