corporate tax rates? - Posted by Lori

Real Estate Investing
1

Posted by GlennAL on February 04, 2001 at 09:51:57:

Thanks for taking the time to post that. I’m about to form my own for real estate. Any pre-advice?

Glenn

2

corporate tax rates? - Posted by Lori

Posted by Lori on February 03, 2001 at 14:33:40:

I believe the first 50k in a corp. are taxed at a 15% tax rate. How are the tax rates broken down as the income goes up? Thanks!

3

C corporate tax rates - Posted by Diane Kennedy, CPA

Posted by Diane Kennedy, CPA on February 03, 2001 at 16:48:34:

The rates for a C Corp are (federal only - remember state might also be applicable):
0- $50K 15%
$50K - $75K $7500 + 25%
75K - 100K $13,740 + 34%
100K - 335K $22,250 + 39%
335K - 10,000,000 113,900 + 34%

NOTE: Tax rate goes DOWN as your income in C Corp increases over $335K.