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« Back to: Tax Information

2013 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 2013:

Individual Tax Rate Schedules for 2013
Filing Status	Taxable Income ($)	Marginal Tax Bracket Rate (%)
Married Filing Jointly	0 to 17,850	10
	17,851 to 72,500	15
	72,501 to 146,400	25
	146,401 to 223,050	28
	223,501 to 398,350	33
	398,351 to 450,000	35
	450,001 and higher	39.6
Head of Household	0 to 12,750	10
	12,751 to 48,600	15
	48,601 to 125,450	25
	125,451 to 203,150	28
	203,151 to 398,350	33
	398,351 to 425,500	35
	425,001 and higher	39.6
Single	0 to 8,925	10
	8,926 to 36,250	15
	36,251 to 87,850	25
	87,851 to 183,250	28
	183,251 to 398,350	33
	398,351 to 400,000	35
	400,001 and higher	39.6
Married Filing Separately	0 to 8,925	10
	8,926 to 36,250	15
	36,251 to 73,200	25
	73,201 to 111,525	28
	111,526 to 199,175	33
	199,176 to 225,500	35
	225,501 and higher	39.6

Tax-Exempt and Taxable Yields Compared*
Tax-Exempt Yield (%)	Taxable Equivalent Yield (%) for Tax Rate of:
Tax-Exempt Yield (%)	15% Tax Bracket	25% Tax Bracket	28% Tax Bracket	33% Tax Bracket	35% Tax Bracket	39.6% Tax Bracket
2.0	2.35	2.66	2.77	2.98	3.08	3.31
2.5	2.94	3.33	3.47	3.73	3.85	4.14
3.0	3.53	4.00	4.17	4.48	4.62	4.97
3.5	4.18	4.66	4.86	5.22	5.38	5.79
4.0	4.71	5.33	5.55	5.97	6.15	6.62
4.5	5.29	6.00	6.25	6.71	6.92	7.45
5.0	5.88	6.66	6.94	7.46	7.69	8.28
5.5	6.47	7.33	7.63	8.20	8.46	9.11
6.0	7.06	8.00	8.33	8.95	9.23	9.93
6.5	7.65	8.66	9.02	9.70	10.00	10.76
7.0	8.24	9.33	9.72	10.44	10.77	11.59
*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.%.

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