Tax Information
 

2003 Federal Income Tax Rates for Estates and Trusts
 

If Taxable Income Is Over	But Not Over	The Tax Is	Plus	Of the Amount Over
$ 0	$ 1,900	$ 0	15%	$ 0
1,900	4,500	285.00	27%	1,900
4,500	6,850	987.00	30%	4,500
6,850	9,350	1,692.00	35%	6,850
9,350	-------	2,567.00	38.6%	9,350

 

Personal Exemption Deduction:  Estates: $600 Simple Trusts (those that distribute all income): $300 Complex Trusts (those that accumulate income): $100

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