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  2. The 2022 IRS tax tables provide information on the federal income tax rates, deductions, exemptions, and estate and gift taxes123.Some of the key points are123:
    • There are seven federal income tax rates in 2022: 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
    • The income limits for each tax bracket and filing status are adjusted for inflation.
    • The standard deduction for 2022 is $25,900 for married filing jointly, $19,400 for head of household, and $12,950 for single filers.
    • The additional standard deduction for those age 65 and over or the blind is $1,400 or $1,750, depending on the filing status.
    • The personal exemption is eliminated.
    • The estate tax exemption is $12.06 million per individual.
    • The annual exclusion for gifts is $15,000 per recipient.
    Learn more:
    2022 Federal Income Tax Bracket s and Rates In 2022, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (Table 1). There are seven federal income tax rates in 2022: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.
    taxfoundation.org/data/all/federal/2022-tax-brackets/
    The federal tax brackets are broken down into seven (7) taxable income groups, based on your federal filing statuses (e.g. whether you are single, a head of household, married, etc). The federal income tax rates for 2022 did not change from 2021. They are: 10%, 12%, 22%, 24%, 32%, 35%, and 37%, depending on the tax bracket.
    www.irs.com/en/2022-federal-income-tax-brackets …

    Deductions & Exemptions

    • Standard Deduction for 2022 $25,900 – Married filing jointly and surviving spouses $19,400 – Head of Household $12,950 – Unmarried individuals ...
    www.purposefulfinance.org/home/articles/irs-2022 …
     
  3. People also ask
    What are the tax rates for 2022 & 2023?The income ranges that these rates apply to adjust every year to take inflation into account. Here are the tax rates and federal income brackets for tax years 2022 and 2023. There are seven tax rates that apply to seven brackets of income: 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
    What are the 2022 federal tax tables?The **2022 federal tax tables** determine the tax rates and brackets for different income levels.
    Includes AI generated content
    Can I include my 2022 estimated tax?However, you may choose to include your to your 2022 estimated tax. which the amounts will be withheld. For each count, or pay by debit or credit card using period, include withholding made from the be- a pay-by-phone system or the Internet. payment due date. You can make this choice der) with a payment voucher from Form
    How do I calculate projected tax for 2022?Projected Tax for 2022 Keep for Your Records Use this worksheet to figure your projected tax for 2022. Note. Enter combined amounts if married filing jointly. Enter amount of adjusted gross income (AGI) you expect in 2022. (To determine this, you may want to start with the AGI on your last year's return, and add or subtract your expected changes.
     
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