Federal Tax Rates | Capital Group

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Federal Tax Rates

Use this table to determine your federal income tax for 2020.

2020 Federal Income Tax Rates

10%

$0-$19,750

$0-$9,875

$0-$14,100

$0-$9,875

12%

 

$19,751-$80,250

$9,876-$40,125

$14,101-$53,700

$9,876-$40,125

22%

 

$80,251-$171,050

$40,126-$85,525

$53,701-$85,500

$40,126-$85,525

24%

 

$171,051-$326,600

$85,526-$163,300

$85,501-$163,300

$85,526-$163,300

32%

 

$326,601-$414,700

$163,301-$207,350

$163,301-$207,350

$163,301-$207,350

35%

$414,701-$622,050

$207,351-$518,400

$207,351-$518,400

$207,351-$311,025

37%

 

$622,051 and over

$518,401 and over

$518,401 and over

$311,026 and over

Use these tables to estimate how much federal income tax may withheld from your paycheck in 2020.

2020 Federal Withholding Rates

Single Rates*

$0-$3,800

$0.00

0%

$0

$3,801-$13,675

$0.00

10%

$3,800

$13,676-$43,925

$987.50

12%

$13,675

$43,926-$89,325

$4,617.50

22%

$43,925

$89,326-$167,100

$14,605.50

24%

$89,325

$167,101-$211,150

$33,271.50

32%

$167,100

$211,151-$522,200

$47,367.50

35%

$211,150

$522,201 and over

$165,235.00

37%

$522,200

Married Rates*

$0-$11,900

$0.00

0%

$0

$11,901-$31,650

$0.00

10%

$11,900

$31,651-$92,150

$1,975.00

12%

$31,650

$92,151-$182,950

$9,235.00

22%

$92,150

$182,951-$338,500

$29,211.00

24%

$182,950

$338,501-$426,600

$66,543.00

32%

$338,500

$426,601-$633,950

$94,735.00

35%

$426,600

$633,951 and over

$167,307.50

37%

$633,950

*Subject to change by the IRS.


Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. 

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.