Page 8 - 2020 Taxes Quick Guide - Rates & Credits
P. 8

// TRUST AND ESTATES











  Trust s and Est at es




  If Taxable              But not over Tax is                              Plus                    Of the
  income is over                                                                                   amount over



  $0                      $2,600                   10%                                             $0





  $2,600                  $9,450                   $260                    24%                     $2,600





  $9,450                  $12,950                  $1,904                  35%                     $9,450





  $12,950                                          $3,129                  37%                     $12,950






  All rates mentioned above are applicable for Tax Year   2020




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