Tax

What's My 2023 Tax Bracket?

What's my 2022 Tax Bracket? Every year, the IRS evaluates and typically adjusts certain tax provisions to account for inflation. Below is the IRS’s latest adjustments for the 2022 tax year - including tax brackets and standard deductions. This material is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax, legal, and accounting professionals before modifying your tax strategy.

What's my 2022 Tax Bracket? Every year, the IRS evaluates and typically adjusts certain tax provisions to account for inflation. Below is the IRS’s latest adjustments for the 2022 tax year - including tax brackets and standard deductions. This material is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax, legal, and accounting professionals before modifying your tax strategy.

10% Bracket—Single: Up to 10,275 dollars, Married Filing Jointly: Up to 20,550 dollars, Married Filing Separately: Up to 10,275 dollars, Head of Household: Up to 14,650 dollars.

10% Bracket—Single: Up to 10,275 dollars, Married Filing Jointly: Up to 20,550 dollars, Married Filing Separately: Up to 10,275 dollars, Head of Household: Up to 14,650 dollars.

12% Bracket—Single: 10,276 dollars to 41,775 dollars, Married Filing Jointly: 20,551 dollars to 83,550 dollars, Married Filing Separately: 10,276 dollars to 41,775 dollars, Head of Household: 14,651 dollars to 55,900 dollars.

12% Bracket—Single: 10,276 dollars to 41,775 dollars, Married Filing Jointly: 20,551 dollars to 83,550 dollars, Married Filing Separately: 10,276 dollars to 41,775 dollars, Head of Household: 14,651 dollars to 55,900 dollars.

22% Bracket—Single: 41,776 dollars to 89,075 dollars, Married Filing Jointly: 83,551 dollars to 178,150 dollars , Married Filing Separately: 41,776 dollars to 89,075 dollars, Head of Household: 55,901 dollars to 89,050 dollars.

22% Bracket—Single: 41,776 dollars to 89,075 dollars, Married Filing Jointly: 83,551 dollars to 178,150 dollars , Married Filing Separately: 41,776 dollars to 89,075 dollars, Head of Household: 55,901 dollars to 89,050 dollars.

24% Bracket—Single: 89,076 dollars to 170,050 dollars, Married Filing Jointly: 178,151 dollars to 340,100 dollars, Married Filing Separately: 89,076 dollars to 170,050 dollars, Head of Household: 89,051 dollars to 170,050 dollars.

24% Bracket—Single: 89,076 dollars to 170,050 dollars, Married Filing Jointly: 178,151 dollars to 340,100 dollars, Married Filing Separately: 89,076 dollars to 170,050 dollars, Head of Household: 89,051 dollars to 170,050 dollars.

32% Bracket—Single: 170,051 dollars to 215,950 dollars, Married Filing Jointly: 340,101 dollars to 431,900 dollars, Married Filing Separately: 170,051 dollars to 215,950 dollars, Head of Household: 170,051 dollars to 215,950 dollars.

32% Bracket—Single: 170,051 dollars to 215,950 dollars, Married Filing Jointly: 340,101 dollars to 431,900 dollars, Married Filing Separately: 170,051 dollars to 215,950 dollars, Head of Household: 170,051 dollars to 215,950 dollars.

35% Bracket—Single: 215,951 dollars to 539,900 dollars, Married Filing Jointly: 431,901 dollars to 647,850 dollars, Married Filing Separately: 215,951 dollars to 323,925 dollars, Head of Household: 215,951 dollars to 539,900 dollars.

35% Bracket—Single: 215,951 dollars to 539,900 dollars, Married Filing Jointly: 431,901 dollars to 647,850 dollars, Married Filing Separately: 215,951 dollars to 323,925 dollars, Head of Household: 215,951 dollars to 539,900 dollars.

37% Bracket—Single: Over 539,900 dollars, Married filing Jointly: Over 647,850 dollars, Married Filing Separately: Over 323,925 dollars, Head of Household: Over 539,900 dollars.

37% Bracket—Single: Over 539,900 dollars, Married filing Jointly: Over 647,850 dollars, Married Filing Separately: Over 323,925 dollars, Head of Household: Over 539,900 dollars.

2022 Standard Deduction Amounts—Single: 12,950 dollars, Married Filing Jointly: 25,900 dollars, Married Filing Separately: 12,950 dollars, Head of Household: 19,400 dollars.

2022 Standard Deduction Amounts—Single: 12,950 dollars, Married Filing Jointly: 25,900 dollars, Married Filing Separately: 12,950 dollars, Head of Household: 19,400 dollars.

Share |

Have A Question About This Topic?

Related Content

Your Financial Family Tree

Your Financial Family Tree

What lessons can you learn from your family members, and what can they learn from you?

Retirement Considerations in Your 60s

Retirement Considerations in Your 60s

Welcome to your 60s – the time in your life when retirement is less a far-off dream and more an immediate reality.

10 Scary Facts About Retirement

10 Scary Facts About Retirement

While you’re exploring the new opportunities the next phase in your life offers, these shocking facts add a healthy dose of reality to your retirement planning.