Individual tax rates

 Federal individual tax rates and brackets for 2011 (January 2011)

The indexing factor for federal tax credits and brackets for 2011 is 1.4%. Consequently, the following federal tax rates and brackets will be in effect for individuals for the 2011 tax year:

 Income level                           Federal tax rate

 $10,527- $41,544                         15.0%

$40,545 – $83,088                        22.0%

$83,089 – $128,800                      26.0%

Above $128,800                           29.0%

 There is no change in federal individual tax rates for 2011.