Tax Information
 

2004 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	$ 1,950	$ 0	15%	$ 0
1,950	4,600	292.50	25%	1,950
4,600	7,000	955.00	28%	4,600
7,000	9,550	1,627.00	33%	7,000
9,550	-------	2,468.50	35%	9,550

 

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

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