Updated July 24, 2015
Estate and Trust Tax Rates Chicago Illinois
Tax Rate Schedule for Trusts and Estates
For Tax Years beginning in 2011
| If Taxable Income is Over | But Not Over | The Tax Is | Of The Amount Over |
|---|---|---|---|
| $0 | $2,300 | 15% | $0 |
| 2,300 | 5,450 | 345 + 25% | $2,300 |
| 5,450 | 8,300 | 1,132.50 + 28% | $5,450 |
| 8,300 | 11,350 | 1,930.50 + 33% | $8,300 |
| 11,350 | 2,937.00 + 35% | 11,350 |
If you are having problems with your Estate and Trust Tax Rates Chicago Illinois or have issues with your accounting in general, we would love to help. I enjoy hearing from my readers, and can be contacted at
Chris@AccountingSolutionsltd.com
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Chris Amundson is the President of Accounting Solutions Ltd., a full service public accounting firm of Certified Public Accountants and Enrolled Agents handling the bookkeeping, accounting, tax preparation, and audit representation needs of Businesses, Estates, Trusts, and Upper Income Individuals