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- The federal income tax rates for the 2023 tax year in the United States are1234:
- 10% for the first $10,275 of taxable income for single filers, $20,550 for married filing jointly, $10,275 for married filing separately, and $14,200 for heads of household.
- 12% for taxable income over $10,275 to $41,775 for single filers, over $20,550 to $83,550 for married filing jointly, over $10,275 to $41,775 for married filing separately, and over $14,200 to $54,200 for heads of household.
- 22% for taxable income over $41,775 to $89,075 for single filers, over $83,550 to $178,150 for married filing jointly, over $41,775 to $89,075 for married filing separately, and over $54,200 to $86,350 for heads of household.
- 24% for taxable income over $89,075 to $170,050 for single filers, over $178,150 to $340,100 for married filing jointly, over $89,075 to $170,050 for married filing separately, and over $86,350 to $164,900 for heads of household.
- 32% for taxable income over $170,050 to $215,950 for single filers, over $340,100 to $431,900 for married filing jointly, over $170,050 to $215,950 for married filing separately, and over $164,900 to $209,850 for heads of household.
- 35% for taxable income over $215,950 to $539,900 for single filers, over $431,900 to $647,850 for married filing jointly, over $215,950 to $323,925 for married filing separately, and over $209,850 to $539,900 for heads of household.
- 37% for taxable income over $539,900 for single filers, over $647,850 for married filing jointly, over $323,925 for married filing separately, and over $
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The federal income tax rates remain unchanged for the 2023 tax year at 10%, 12%, 22%, 24%, 32%, 35% and 37%. The income thresholds for each bracket, though, are adjusted slightly every year for inflation.smartasset.com/taxes/current-federal-income-tax-b…The income limits for all 2023 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 2023: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.taxfoundation.org/data/all/federal/2023-tax-brackets/In 2022 and 2023, the U.S. federal tax rates range from 10% to 37%. The U.S. has a progressive tax system, where portions of a person's taxable income can fall into different brackets to be taxed at different rates. A marginal tax rate is the highest tax rate a person's income is subject to.www.nerdwallet.com/article/taxes/federal-income-t…2023 Tax Brackets (Taxes Due in April 2024) The 2023 tax year—the return you’ll file in 2024—will have the same seven federal income tax brackets as the 2022-2023 season: 10%, 12%, 22%, 24%, 32%, 35% and 37%.www.forbes.com/advisor/taxes/taxes-federal-incom… - People also ask
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