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- The 2023 IRS tax tables show the following tax rates for single individuals and married couples filing jointly12:
- 10% for incomes of $11,000 or less ($22,000 for married couples)
- 12% for incomes between $11,600 and $47,150
- 22% for incomes between $47,150 and $75,000
- 24% for incomes over $95,375 ($190,750 for married couples)
- 32% for incomes over $182,100 ($364,200 for married couples)
- 35% for incomes over $231,250 ($462,500 for married couples)
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The lowest rate is 10% for incomes of single individuals with incomes of $11,000 or less ($22,000 for married couples filing jointly).
- 35% for incomes over $231,250 ($462,500 for married couples filing jointly);
www.irs.gov/newsroom/irs-provides-tax-inflation-ad…As your income moves up the ladder, slices of it are taxed at increasing rates:
- The first $11,600 is taxed at 10%: $1,160
- The next $35,550 ($47,150 minus $11,600) is taxed at 12%: $4,266
www.forbes.com/advisor/taxes/taxes-federal-incom… - People also ask
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