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

Couples and Money

Couples and Money

Did you know money is a leading cause for break-ups and divorce among couples?

Infographic: How to Talk to Millennials About Life Insurance

Infographic: How to Talk to Millennials About Life Insurance

Only 23% of millennials say they understand term life insurance. Did you know that parents play a more significant role in planning with this generation, than any other?

The Big Picture–Table 10 is a Hot Spot

The Big Picture–Table 10 is a Hot Spot

What’s the hottest table in economy town? Need a hint? Check the Personal Income and Spending Report