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2010 Marginal Tax Brackets

Your marginal tax bracket determines how much of the earnings from savings and investments you get to keep after taxes. Below are the four individual tax rate schedules for 2010:

Individual Tax Rate Schedules for 2010

Filing Status	Taxable Income ($)	Marginal Tax Bracket Rate (%)
Married Filing Jointly	0 to 16,750	10
	16,751 to 68,000	15
	68,001 to 137,300	25
	137,300 to 209,250	28
	209,251 to 373,650	33
	373,651 and higher	35
Head of Household	0 to 11,950	10
	11,951 to 45,550	15
	45,551 to 117,650	25
	117,651 to 190,550	28
	190,551 to 373,650	33
	373,651 and higher	35
Single	0 to 8,375	10
	8,376 to 34,000	15
	34,001 to 82,400	25
	82,401 to 171,850	28
	171,851 to 373,650	33
	373,650 and higher	35
Married Filing Separately	0 to 8,375	10
	8,376 to 34,000	15
	34,001 to 68,650	25
	68,651 to 104,625	28
	104,626 to 186,825	33
	186,825 and higher	35

Tax-Exempt and Taxable Yields Compared*

Tax-Exempt Yield (%)	Taxable Equivalent Yield (%) for Tax Rate of:
	15% Tax Bracket	25% Tax Bracket	28% Tax Bracket	33% Tax Bracket	35% Tax Bracket
2.0	2.35	2.66	2.77	2.98	3.08
2.5	2.94	3.33	3.47	3.73	3.85
3.0	3.53	4.00	4.17	4.48	4.62
3.5	4.18	4.66	4.86	5.22	5.38
4.0	4.71	5.33	5.55	5.97	6.15
4.5	5.29	6.00	6.25	6.71	6.92
5.0	5.88	6.66	6.94	7.46	7.69
5.5	6.47	7.33	7.63	8.20	8.46
6.0	7.06	8.00	8.33	8.95	9.23
6.5	7.65	8.66	9.02	9.70	10.00
7.0	8.24	9.33	9.72	10.44	10.77
*Federal income tax rates only. Does not include state income tax.

If you cannot find a specific rate on the chart you can compare yields by using the following formula:

Taxable equivalent yield = tax-free yield ÷ (100% - marginal tax bracket %)

Example: Assume you are in the 25% tax bracket, and have an account with a 4.5% tax-free yield. To get the equivalent taxable yield, divide 4.5% by 75% (100% - 25%). The taxable yield is 6.%.