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Marginal Rates: For tax year 2022, the top tax rate remains 37% for individual single taxpayers with incomes greater than $539,900 ($647,850 for married couples filing jointly). The other rates are: 35%, for incomes over $215,950 ($431,900 for married couples filing jointly);
1. Who Needs to File. You will need to file if you lived in the city during any part of the tax year and had taxable income. If you did not live in the city, but earned taxable income from within city limits you will also need to file.
If your income is below ₹2.5 lakh, you do not have to file Income Tax Returns (ITR).
An additional personal exemption is available if you are the parent of a stillborn child in 2021. The state also provides a $2,800 special exemption for each tax filer or dependent in the household who is deaf, paraplegic, quadriplegic, hemiplegic, totally and permanently disabled or blind.
You will need to withhold from employees who live and or work in the City of Grand Rapids.
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2022 Federal Income Tax Brackets and Rates Tax RateFor Single FilersFor Married Individuals Filing Joint Returns12%$10,275 to $41,775$20,550 to $83,55022%$41,775 to $89,075$83,550 to $178,15024%$89,075 to $170,050$178,150 to $340,10032%$170,050 to $215,950$340,100 to $431,9004 more rows Nov 10, 2021
You must make estimated income tax payments for 2022 if you paid $101 or more with your 2021 Grand Rapids income tax return unless: 1 . 70 percent or more of your 2022 income tax is paid by tax withheld and/or tax credits.
In 2021, for example, the minimum for single filing status if under age 65 is $12,550. If your income is below that threshold, you generally do not need to file a federal tax return.
You will need to withhold from employees who live and or work in the City of Grand Rapids.
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.

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