2016 Federal Tax Rates 2016 Federal Tax Brackets • 15% on the first $45,282 of taxable income, + • 20.5% on the next $45,281 of taxable income (on the portion of taxable income over $45,282 up to $90,563), + • 26% on the next $49,825 of taxable income (on the portion of taxable income over … Continue reading "2016 Federal Tax Rates"