Federal Individual Income Tax

Updated August 5, 2020 | Infoplease Staff

Tax Brackets—2014 Taxable Income

Who Must File a Return

Adjusted Gross Income

Itemized Deductions

Personal Exemptions


The federal individual income tax is levied on the worldwide income of U.S. citizens and resident aliens and on certain types of U.S. source income of nonresidents. For a nonitemizer, “tax table income” is adjusted gross income less $3,000 for each personal exemption and the standard deduction. If a taxpayer itemizes, tax table income is adjusted gross income minus total itemized deductions and personal exemptions. In addition, individuals may also be subject to the alternative minimum tax.

Sources +