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2009 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 2009:

Individual Tax Rate Schedules for 2009

Filing Status	Taxable Income ($)	Marginal Tax Bracket Rate (%)
Married Filing Jointly	0 to 16,700	10
	16,701 to 67,900	15
	67,901 to 137,050	25
	137,051 to 208,850	28
	208,851 to 372,950	33
	372,951 and higher	35
Head of Household	0 to 11,950	10
	11,951 to 45,500	15
	45,501 to 117,450	25
	117,451 to 190,200	28
	190,201 to 372,950	33
	375,951 and higher	35
Single	0 to 8,350	10
	8,351 to 33,950	15
	33,951 to 82,250	25
	82,251 to 171,550	28
	171,551 to 372,950	33
	372,951 and higher	35
Married Filing Separately	0 to 8,350	10
	8,351 to 33,950	15
	33,951 to 68,525	25
	68,526 to 104,425	28
	104,426 to 186,475	33
	186,476 and higher	35

Tax-Exempt and Taxable Yields Compared*

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