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If one's taxable income is over $100k but not more than $130k does that put you in the highest tax bracket?


If one's taxable income is over $100k but not more than $130k does that put you in the highest tax bracket?

No it, does not. The highest tax bracket is 35%. It starts at different levels of TAXABLE income (that is, after deductions, etc.) depending on your filing status.

For 2006, the 35% bracket starts at:

Single Over $336,550
Married filing jointly Over $336,550 (not each!)
Married filing separately Over $168,275
Head of household Over $336,550
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