AB262,,8 71.06 (1r) Fiduciaries, single individuals, and heads of households; after 2023. (a) The tax to be assessed, levied, and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates for taxable years beginning after December 31, 2023, and before January 1, 2025, except as provided under s. 71.06 (4):

AB262,,9 1. On all taxable income from $0 to $7,500, 3.15 percent.

AB262,,10 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 4.5 percent.

AB262,,11 3. On all taxable income exceeding $15,000 but not exceeding $225,000, 5 percent.

AB262,,12 4. On all taxable income exceeding $225,000, 7.40 percent.

AB262,,13 (b) The tax to be assessed, levied, and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates for taxable years beginning after December 31, 2024, and before January 1, 2026, except as provided under s. 71.06 (4):

AB262,,14 1. On all taxable income from $0 to $7,500, 2.20 percent.

AB262,,15 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 4.5 percent.

AB262,,16 3. On all taxable income exceeding $15,000 but not exceeding $225,000, 4.75 percent.

AB262,,17 4. On all taxable income exceeding $225,000, 6.70 percent.

AB262,,18 (c) The tax to be assessed, levied, and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates for taxable years beginning after December 31, 2025, and before January 1, 2027, except as provided under s. 71.06 (4):

AB262,,19 1. On all taxable income from $0 to $7,500, 1.25 percent.

AB262,,20 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 4.5 percent.

AB262,,21 3. On all taxable income exceeding $15,000 but not exceeding $225,000, 4.5 percent.

AB262,,22 4. On all taxable income exceeding $225,000, 6 percent.

AB262,,23 (d) The tax to be assessed, levied, and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates for taxable years beginning after December 31, 2026, and before January 1, 2028, except as provided under s. 71.06 (4):

AB262,,24 1. On all taxable income from $0 to $7,500, 0 percent.

AB262,,25 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 4.5 percent.

AB262,,26 3. On all taxable income exceeding $15,000 but not exceeding $225,000, 4.5 percent.

AB262,,27 4. On all taxable income exceeding $225,000, 5.20 percent.

AB262,,28 (e) The tax to be assessed, levied, and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates percent for taxable years beginning after December 31, 2027, except as provided under s. 71.06 (4):

AB262,,29 1. On all taxable income from $0 to $7,500, 0 percent.

AB262,,30 2. On all taxable income exceeding $7,500 but not exceeding $15,000, 4.5 percent.

AB262,,31 3. On all taxable income exceeding $15,000 but not exceeding $225,000, 4.5 percent.

AB262,,32 4. On all taxable income exceeding $225,000, 4.5 percent.

AB262,3 Section 3. 71.06 (2) (i) (intro.) of the statutes is amended to read:

AB262,,34 71.06 (2) (i) (intro.) For joint returns, for taxable years beginning after December 31, 2012, and before January 1, 2024:

AB262,4 Section 4. 71.06 (2) (j) (intro.) of the statutes is amended to read:

AB262,,36 71.06 (2) (j) (intro.) For married persons filing separately, for taxable years beginning after December 31, 2012, and before January 1, 2024: