- Taxes

2020 Marginal & Effective Tax Rate Graphs

Here are the updated tax rate graphs for 2020. This year, in addition to married filing jointly (MFJ), I have included graphs for single / head of household (HOH). I have also made graphs combining all 3 (single / head of household / married filing jointly). Married filing separately is taxed exactly the same as single. Different graphs are made for different income levels from (1) up to $150k or $200k, (2) up to $500k, (3) up to $1M, and (4) up to $2M.

Please feel free to use these images (unedited) on any of your own blogs or financial presentations. Thank you!

If you haven’t yet, please join our facebook group, 39.6 Community, where we do our Live finance shows and I answer listener questions. We are also starting to go live on our Youtube channel.

Up to $150k, Single & Head of Household
Up to $150k, any filing status
For MFJ, I decided to go up to $200k (instead of $150k) to match the 2018 version, and also to include a bit of the 24% bracket.
Up to $500k, Single & Head of Household
Up to $500k, Married Filing Jointly
Up to $500k, any filing status
Up to $1M, Single & Head of Household
Up to $1M, Married Filing Jointly
Up to $1M, any filing status
This is a different version of the same $1M graph using a lighter background. I couldn’t decide which I liked better, so they are both here.
Up to $2M, Single & Head of Household
Up to $2M, Married Filing Jointly
Up to $2M, any filing status

Leave a Reply

Your email address will not be published.