2014 US Federal Income Tax Rates, Standard Deductions and Credits
Historical reference guide to United States federal individual income tax rates and selected deductions, exemptions and credits for tax year 2014, based on IRS Revenue Procedure 2013-35.
Historical tax information: The amounts on this page apply to tax year 2014 and are not current-year tax brackets or deductions. Federal tax law has changed substantially since 2014. Use current IRS guidance for present-day filing or tax planning.
2014 Federal Income Tax Rates for Single Filers
| Taxable income | Tax |
|---|---|
| $0 to $9,075 | 10% of taxable income |
| Over $9,075 to $36,900 | $907.50 + 15% of the amount over $9,075 |
| Over $36,900 to $89,350 | $5,081.25 + 25% of the amount over $36,900 |
| Over $89,350 to $186,350 | $18,193.75 + 28% of the amount over $89,350 |
| Over $186,350 to $405,100 | $45,353.75 + 33% of the amount over $186,350 |
| Over $405,100 to $406,750 | $117,541.25 + 35% of the amount over $405,100 |
| Over $406,750 | $118,118.75 + 39.6% of the amount over $406,750 |
2014 Federal Income Tax Rates for Head of Household
| Taxable income | Tax |
|---|---|
| $0 to $12,950 | 10% of taxable income |
| Over $12,950 to $49,400 | $1,295 + 15% of the amount over $12,950 |
| Over $49,400 to $127,550 | $6,762.50 + 25% of the amount over $49,400 |
| Over $127,550 to $206,600 | $26,300 + 28% of the amount over $127,550 |
| Over $206,600 to $405,100 | $48,434 + 33% of the amount over $206,600 |
| Over $405,100 to $432,200 | $113,939 + 35% of the amount over $405,100 |
| Over $432,200 | $123,424 + 39.6% of the amount over $432,200 |
2014 Federal Income Tax Rates for Married Filing Separately
| Taxable income | Tax |
|---|---|
| $0 to $9,075 | 10% of taxable income |
| Over $9,075 to $36,900 | $907.50 + 15% of the amount over $9,075 |
| Over $36,900 to $74,425 | $5,081.25 + 25% of the amount over $36,900 |
| Over $74,425 to $113,425 | $14,462.50 + 28% of the amount over $74,425 |
| Over $113,425 to $202,550 | $25,382.50 + 33% of the amount over $113,425 |
| Over $202,550 to $228,800 | $54,793.75 + 35% of the amount over $202,550 |
| Over $228,800 | $63,981.25 + 39.6% of the amount over $228,800 |
2014 Federal Income Tax Rates for Married Filing Jointly
| Taxable income | Tax |
|---|---|
| $0 to $18,150 | 10% of taxable income |
| Over $18,150 to $73,800 | $1,815 + 15% of the amount over $18,150 |
| Over $73,800 to $148,850 | $10,162.50 + 25% of the amount over $73,800 |
| Over $148,850 to $226,850 | $28,925 + 28% of the amount over $148,850 |
| Over $226,850 to $405,100 | $50,765 + 33% of the amount over $226,850 |
| Over $405,100 to $457,600 | $109,587.50 + 35% of the amount over $405,100 |
| Over $457,600 | $127,962.50 + 39.6% of the amount over $457,600 |
2014 Standard Deduction Amounts
| Filing status | Standard deduction |
|---|---|
| Married filing jointly and surviving spouses | $12,400 |
| Head of household | $9,100 |
| Single / unmarried individuals | $6,200 |
| Married filing separately | $6,200 |
The additional standard deduction for a taxpayer who was aged 65 or older or blind was $1,200. It increased to $1,550 for an individual who was unmarried and not a surviving spouse.
Other Important 2014 Federal Tax Amounts
Personal exemption
$3,950 per qualifying exemption, subject to the 2014 personal exemption phaseout rules.
Foreign earned income exclusion
Maximum exclusion of $99,200 for qualifying taxpayers for tax year 2014.
Adoption credit
Maximum credit of $13,190. The credit began to phase out above modified AGI of $197,880 and was fully phased out at $237,880.
Refundable Child Tax Credit threshold
The earned-income threshold used to determine the refundable portion of the Child Tax Credit was $3,000.
2014 Earned Income Tax Credit (EITC) maximum amounts
| Qualifying children | Maximum credit |
|---|---|
| No qualifying children | $496 |
| One qualifying child | $3,305 |
| Two qualifying children | $5,460 |
| Three or more qualifying children | $6,143 |
2014 Alternative Minimum Tax (AMT) exemptions
| Filing status | AMT exemption |
|---|---|
| Married filing jointly or surviving spouse | $82,100 |
| Single / head of household | $52,800 |
| Married filing separately | $41,050 |
2014 limitation on itemized deductions
For taxpayers subject to the overall limitation under former Internal Revenue Code §68, the applicable AGI thresholds were $305,050 for married filing jointly or a surviving spouse, $279,650 for head of household, $254,200 for single filers, and $152,525 for married filing separately.
Official IRS Sources
IRS Internal Revenue Bulletin 2013-47 - Revenue Procedure 2013-35
IRS - Foreign Earned Income Exclusion
These links are provided as official references. The figures on this page are historical and apply to tax year 2014.