An estate has $20,000 of taxable income in 2018. What amount of tax will the estate pay if it fails to distribute the income to the beneficiaries? Click here to view Income Tax Rates for Trusts and Estates Table 1.8 2018 Income Tax Rates for Trusts and Estates Income Tax Rates for Trusts and Estates If taxable income is: Not over $2,550 Over $2,550 but not over $9,150 Over $9,150 but not over $12,500 Over $12,500 The tax is: 10% of taxable income $255.00 plus 24% of the excess over $2,550 $1.839.00 plus 35% of the excess over $9,150 $3,011.50 plus 37% of the excess over $12,500 Tax Rates for Long-term Capital Gains and Dividend Income If taxable income is: Not over $2,600 Over $2,600 but not over $12,700 Over $12,700 The tax rate is: 0% 15% 20%