Tax Rate Schedules 

   

On this page are links to the Federal Tax Rate Schedules for the years 2004 back to 1997, and California schedules back to 2002.  These are PDF (Adobe Acrobat) files that require Acrobat Reader to view.

The following are the links to the Federal tax rate schedules:

2004       2003        2002        2001        2000        1999        1998       1997

Below are the CALIFORNIA tax rate schedule links for 2003 and 2002

2003      2002

For 2004, use the California State Automated Table:

http://www.ftb.ca.gov/individuals/tax_table/index.asp

IRS STANDARD DEDUCTION FOR 2004

TABLE 1 - STANDARD DEDUCTION FOR TAXPAYERS WHO ARE:

  • Under the age of 65,
  • who are not blind, and
  • who cannot be claimed as a dependent on someone else's tax return.

Filing Status

Deduction

Single

$4,850

Married Filing JOINTLY or Qualifying Widow(er)

$9,700

Married Filing SEPARATELY

$4,850*

Head of Household

$7,150

*If your spouse itemizes deductions on her return, then you are required to itemize your deductions.

TABLE 2 - STANDARD DEDUCTION FOR TAXPAYERS WHO ARE:

  • Are the age of 65 or over on the last day of the tax year, and/or

  • Are blind, and

  • who cannot be claimed a dependent on someone else's tax return.

Filing Status

Age 65 or Over or Blind

Age 65 or Over and Blind

Single

$6,050

$7,250

Head of Household

$8,350

$9,550

Married Filing SEPARATELY

$5,800*

$6,750*

Married Filing Jointly or Qualifying Widow(er)

Step 1: $9,700 + $950 for EACH spouse age 65 or older.

Step 2: Add an additional $950 for EACH blind spouse to the amount calculated in Step 1.

*If your spouse itemizes deductions on her return, then you are required to itemize your deductions.

TABLE 3 - STANDARD DEDUCTION FOR DEPENDENTS

The GREATER of:

  • $800

OR

  • The dependent's earned income (from work) + $250, NOT to exceed the standard deduction shown for dependent's filing status in:

  • Table 1 if dependent is UNDER age 65, OR

  • Table 2 if dependent is age (65 or over) and/or blind

 

The rule is that taxpayers who are age 65 or over or who are blind may take an additional standard deduction of $950 if married (whether filing jointly or separately) or a qualifying surviving spouse, or $1,200 if single or head of household, provided they do not itemize. If a husband and wife are both age 65 or over, they may claim an additional $1,900 (2 x $950) on their joint return. If a taxpayer is both blind and at least 65 years old, he or she may take an additional $1,900 if married, or $2,400 if single.

 

Taxpayers (usually children) who are claimed as dependents on anotherís (usually parentsí) tax return may take only a standard deduction of the greater of (1) $800 or (2) $250 plus earned income. However, this may not exceed the regular standard deduction amount for the individual.


EXEMPTION VALUE

    The personal exemption for 2004 is $3,100.  It will INCREASE to $3,200 in 2005.


2004 CALIFORNIA TAX RATE SCHEDULES

SCHEDULE X
SINGLE OR MARRIED FILING SEPARATE TAXPAYERS
IF THE TAXABLE INCOME IS
COMPUTED TAX IS
OVER BUT NOT OVER       OF AMOUNT OVER

$0
$6,147
$14,571
$22,997
$31,925
$40,346

$6,147
$14,571
$22,997
$31,925
$40,346
AND OVER

$0.00
$61.47
$229.95
$566.99
$1,102.67
$1,776.35
PLUS
PLUS
PLUS
PLUS
PLUS
PLUS
1.0%
2.0%
4.0%
6.0%
8.0%
9.3%

$0
$6,147
$14,571
$22,997
$31,925
$40,346

SCHEDULE Y
MARRIED FILING JOINT OR QUALIFYING WIDOW(ER) TAXPAYERS
IF THE TAXABLE INCOME IS
COMPUTED TAX IS
OVER BUT NOT OVER       OF AMOUNT OVER
$0
$12,294
$29,142
$45,994
$63,850
$80,692

$12,294
$29,142
$45,994
$63,850
$80,692
AND OVER

$0.00
$122.94
$459.90
$1,133.98
$2,205.34
$3,552.70
PLUS
PLUS
PLUS
PLUS
PLUS
PLUS
1.0%
2.0%
4.0%
6.0%
8.0%
9.3%

$0
$12,294
$29,142
$45,994
$63,850
$80,692

SCHEDULE Z
HEAD OF HOUSEHOLD TAXPAYERS
IF THE TAXABLE INCOME IS
COMPUTED TAX IS
OVER BUT NOT OVER       OF AMOUNT OVER
$0
$12,300
$29,143
$37,567
$46,494
$54,918

$12,300
$29,143
$37,567
$46,494
$54,918
AND OVER

$0.00
$123.00
$459.86
$796.82
$1,332.44
$2,006.36
PLUS
PLUS
PLUS
PLUS
PLUS
PLUS
1.0%
2.0%
4.0%
6.0%
8.0%
9.3%

$0
$12,300
$29,143
$37,567
$46,494
$54,918

2004 California Filing Requirement Amounts

Gross income more than:
Single or head of household Age on 12/31/04 No dependents 1 dependent 2 dependents
Under 65 12,729 21,562 28,187
65 or older 16,979 23,604 28,904
 
Married Age on 12/31/04 No dependents 1 dependent 2 dependents
Under 65 (both spouses) 25,457 34,290 40,915
65 or older (one spouse) 29,707 36,332 41,632
65 or older (both spouses) 33,957 40,582 45,882
 
Qualifying widow(er) Age on 12/31/04 No dependents 1 dependent 2 dependents
Under 65 N/A 21,562 28,187
65 or older N/A 23,604 28,904
Adjusted gross income more than:
Single or head of household Age on 12/31/04 No dependents 1 dependent 2 dependents
Under 65 10,183 19,016 25,641
65 or older 14,433 21,058 26,358
 
Married Age on 12/31/04 No dependents 1 dependent 2 dependents
Under 65 (both spouses) 20,365 29,198 35,823
65 or older (one spouse) 24,615 31,240 36,540
65 or older (both spouses) 28,865 35,490 40,790
 
Qualifying widow(er) Age on 12/31/04 No dependents 1 dependent 2 dependents
Under 65 N/A 19,016 25,641
65 or older N/A 21,058 26,358

For 2004, the California standard deduction increased for single or married filing separate taxpayers from $3,070 to $3,165. For married, qualifying widow(er), or head of household taxpayers, the standard deduction increased from $6,140 to $6,330. The personal exemption credit increased for single, married filing separate, or head of household taxpayers from $82 to $85 and for married or surviving spouses from $164 to $170. The dependent exemption credit changed from $257 to $265 for each dependent.