What are the current tax rates for 2022?
The 2022 Income Tax Brackets (Taxes due in April 2023) For the 2022 tax year, there are seven federal tax brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your tax bracket is determined by your filing status and taxable income.
What will the standard deduction be for 2022?
The 2022 standard deduction is $12,950 for single filers, $25,900 for joint filers or $19,400 for heads of household.
What is the tax table for 2022?
2022 Tax Brackets for Single Filers and Married Couples Filing Jointly Tax RateTaxable Income (Single)Taxable Income (Married Filing Jointly)10%Up to $10,275Up to $20,55012%$10,276 to $41,775$20,551 to $83,55022%$41,776 to $89,075$83,551 to $178,15024%$89,076 to $170,050$178,151 to $340,1003 more rows Nov 9, 2022
What is the tax table for income?
Tax tables are a tool the IRS provides to make it easy to calculate the exact amount of taxes to report on your federal income tax return when filing by hand.
What is the 2022 tax table?
2022 Tax Brackets for Single Filers and Married Couples Filing Jointly Tax RateTaxable Income (Single)Taxable Income (Married Filing Jointly)10%Up to $10,275Up to $20,55012%$10,276 to $41,775$20,551 to $83,55022%$41,776 to $89,075$83,551 to $178,15024%$89,076 to $170,050$178,151 to $340,1003 more rows Nov 9, 2022
