Definition for: Tax Table
A "tax table" is a chart that shows the amount of tax attributable to a certain income range. Tax tables are published by the taxing agency (such as the IRS) and are generally found in instructional pamphlets published by that agency. They are arranged in grid format, list income ranges, such as $35,000 to $40,000, and the corresponding tax rate for that income range. Tax tables typically apply to adjusted gross income.
