The applicable tax rates and income thresholds for 2025 (projected) are outlined in the chart below:
Tax Rate | Trusts and Estate Income |
10% | $0 to $3,150 |
$315 plus 24% of the excess over $3,150 | $3,150-$11,450 |
$2,307 plus 35% of the excess over $11,450 | $11,450-$15,650 |
$3,777 plus 37% of the excess over $15,650 | Over $15,650 |
The applicable tax rates and income thresholds for 2024 are outlined below:1
Tax Rate | Trusts and Estate Income |
10% | $0 to $3,100 |
$310 plus 24% of the excess over $3,100 | $3,100-$11,150 |
$2,242 plus 35% of the excess over $11,150 | $11,150-$15,200 |
$3659.50 plus 37% of the excess over $15,200 | Over $15,200 |