What is the tax table for 2022?
2022 Federal Income Tax Brackets and Rates Tax RateFor Single FilersFor Married Individuals Filing Joint Returns10%$0 to $10,275$0 to $20,55012%$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 $340,1004 more rows • 10 Nov 2021
What is the tax table for 2022?
2022 Federal Income Tax Brackets and Rates Tax RateFor Single FilersFor Married Individuals Filing Joint Returns10%$0 to $10,275$0 to $20,55012%$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 $340,1004 more rows • 10 Nov 2021
What is the basic tax deduction for 2021?
The 2021 standard deduction is $12,550 for single filers, $25,100 for joint filers or $18,800 for heads of household. At NerdWallet, we have such confidence in our accurate and useful content that we let outside experts inspect our work.
What will the standard deduction be for 2021?
2021 Standard Deduction Amounts Filing Status2021 Standard DeductionSingle; Married Filing Separately$12,550Married Filing Jointly$25,100Head of Household$18,800 Apr 28, 2022
What is the standard deduction for seniors over 65?
If you are age 65 or older, your standard deduction increases by $1,700 if you file as Single or Head of Household. If you are legally blind, your standard deduction increases by $1,700 as well. If you are Married Filing Jointly and you OR your spouse is 65 or older, your standard deduction increases by $1,350.
