2012 Tax Brackets!!!

Next Year's Tax Brackets:

According to the Tax Foundation: 2012 Tax Brackets should look as follows:

Table and all data courtesy of the Tax Foundation accessible in the article which can be found here.

Key Tax Parameter Amounts for 2012
Tax Parameter	2011 Amount	2012 Amount
Standard Deduction
For singles	$5,800	$5,950
For married filing jointly	$11,600	$11,900
For heads of households	$8,500	$8,700
For married filing separately	$5,800	$5,950
Personal Exemption	$3,700	$3,800
Tax Bracket Thresholds for Single Filers
10% rate	$0	$0
15% rate	$8,500	$8,700
25% rate	$34,500	$35,350
28% rate	$83,600	$85,650
33% rate	$174,400	$178,650
35% rate	$379,150	$388,350
Tax Bracket Thresholds for Heads of Households
10% rate	$0	$0
15% rate	$12,150	$12,400
25% rate	$46,250	$47,350
28% rate	$119,400	$122,300
33% rate	$193,350	$198,050
35% rate	$379,150	$388,350
Tax Bracket Thresholds for Married Filing Jointly
10% rate	$0	$0
15% rate	$17,000	$17,400
25% rate	$69,000	$70,700
28% rate	$139,350	$142,700
33% rate	$212,300	$217,450
35% rate	$379,150	$388,350
Tax Bracket Thresholds for Married Filing Separately
10% rate	$0	$0
15% rate	$8,500	$8,700
25% rate	$34,500	$35,350
28% rate	$69,675	$71,350
33% rate	$106,150	$108,725
35% rate	$189,575	$194,175
Source: Tax Foundation calculations using BLS CPI-U Data