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take our lead letamp;#39;s help you make your mark our goal is your satisfaction let us show you the way to determine the correct federal tax withheld from your pay you will need to complete your w-4 your employer withholds from your paycheck based on the information you fill in on your form w-4 like your filing status x single or married filing jointly the number of dependents or allowances indicated take our lead there are seven federal tax brackets for the 2020 tax year 10 12 22 24 32 35 and 37 your bracket depends on your taxable income and filing status these are the rates for taxes due in may 2021 thank you for watching please subscribe and hit the bell notification