The IRS has released Rev. Proc. 2013-15 which sets forth the inflation-adjusted income tax brackets for 2013. Below are the income tax brackets that will apply to estates and trusts in 2013, which includes the new top 39.6% income tax bracket introduced by the American Taxpayer Relief Act:
If taxable income is: The tax is:
Not over $2,450 15% of the taxable income
Over $2,450 but $367.50 plus 25% of
not over $5,700 the excess over $2,450
Over $5,700 but $1,180 plus 28% of
not over $8,750 the excess over $5,700
Over $8,750 but $2,034 plus 33% of
not over $11,950 the excess over $8,750
Over $11,950 $3,090 plus 39.6% of
the excess over $11,950