faq’s

2023 Tax Brackets

Single Filer

If taxable income is:	The tax due is:
Not over $11,000	10% of taxable income
Over $11,000 but not over $44,725	$1,100 plus 12% of the excess over $11,000
Over $44,725 but not over $95,375	$5,147 plus 22% of the excess over $44,725
Over $95,375 but not over $182,100	$16,290 plus 24% of the excess over $95,375
Over $182,100 but not over $231,250	$37,104 plus 32% of the excess over $182,100
Over $231,250 but not over $578,125	$52,832 plus 35% of the excess over $231,250
Over $578,125	$174,238.25 plus 37% of the excess over $578,125

Married Filing Separately  

If taxable income is:	The tax due is:
Not over $11,000	10% of taxable income
Over $11,000 but not over $44,725	$1,100 plus 12% of the excess over $11,000
Over $44,725 but not over $95,375	$5,147 plus 22% of the excess over $44,725
Over $95,375 but not over $182,100	$16,290 plus 24% of the excess over $95,375
Over $182,100 but not over $231,250	$37,104 plus 32% of the excess over $182,100
Over $231,250 but not over $346,875	$52,832 plus 35% of the excess over $231,250
Over $346,875	$93,300.75 plus 37% of the excess over $346,875

Head of Household 

If taxable income is:	The tax due is:
Not over $15,700	10% of taxable income
Over $15,700 but not over $59,850	$1,570 plus 12% of the excess over $15,700
Over $59,850 but not over $95,350	$6,868 plus 22% of the excess over $59,850
Over $95,350 but not over $182,100	$14,678 plus 24% of the excess over $95,350
Over $182,100 but not over $231,250	$35,498 plus 32% of the excess over $182,100
Over $231,250 but not over $578,100	$51,226 plus 35% of the excess over $231,250
Over $578,100	$172,623.50 plus 37% of the excess over $578,100

Married Filing Jointly 

If taxable income is:	The tax due is:
Not over $22,000	10% of taxable income
Over $22,000 but not over $89,450	$2,200 plus 12% of the excess over $22,000
Over $89,450 but not over $190,750	$10,294 plus 22% of the excess over $89,450
Over $190,750 but not over $364,200	$32,580 plus 24% of the excess over $190,750
Over $364,200 but not over $462,500	$74,208 plus 32% of the excess over $364,200
Over $462,500 but not over $693,750	$105,664 plus 35% of the excess over $462,500
Over $693,750	$186,601.50 plus 37% of the excess over $693,750

The 2024 tax year, and the return due in 2025, will continue with these seven federal tax brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your filing status and taxable income, including wages, will dictate the bracket you’re in.

2024 Tax Brackets:

Single Filer

If taxable income is:	The tax due is:
Not over $11,600	10% of taxable income
Over $11,600 but not over $47,150	$1,160 plus 12% of the excess over $11,600
Over $47,150 but not over $100,525	$5,426 plus 22% of the excess over $47,150
Over $100,525 but not over $191,950	$17,168.50 plus 24% of the excess over $100,525
Over $191,950 but not over $243,725	$39,110.50 plus 32% of the excess over $191,150
Over $243,725 but not over $609,350	$55,678.50 plus 35% of the excess over $243,725
Over $609,350	$183,647.25 plus 37% of the excess over $609,350

Married Filing Separately

If taxable income is:	The tax due is:
Not over $11,600	10% of taxable income
Over $11,600 but not over $47,150	$1,160 plus 12% of the excess over $11,600
Over $47,150 but not over $100,525	$5,426 plus 22% of the excess over $47,150
Over $100,525 but not over $191,950	$17,168.50 plus 24% of the excess over $100,525
Over $191,950 but not over $243,725	$39,110.50 plus 32% of the excess over $191,150
Over $243,725 but not over $365,600	$55,678.50 plus 35% of the excess over $243,725
Over $365,600	$98,334.75 plus 37% of the excess over $365,600

Head of Household

If taxable income is:	The tax due is:
Not over $16,550	10% of taxable income
Over $16,550 but not over $63,100	$1,655 plus 12% of the excess over $16,550
Over $63,100 but not over $100,500	$7,241 plus 22% of the excess over $63,100
Over $100,500 but not over $191,950	$15,469 plus 24% of the excess over $100,500
Over $191,950 but not over $243,700	$37,417 plus 32% of the excess over $191,150
Over $243,700 but not over $609,350	$53,977 plus 35% of the excess over $243,700
Over $609,350	$181,954.50 plus 37% of the excess over $609,350

Married Filing Jointly

If taxable income is:	The tax due is:
Not over $23,200	10% of taxable income
Over $23,200 but not over $94,300	$2,320 plus 12% of the excess over $23,200
Over $94,300 but not over $201,050	$10,852 plus 22% of the excess over $94,300
Over $201,050 but not over $383,900	$34,337 plus 24% of the excess over $201,050
Over $383,900 but not over $487,450	$78,221 plus 32% of the excess over $383,900
Over $487,450 but not over $731,200	$111,357 plus 35% of the excess over $487,450
Over $731,200	$196,669.50 plus 37% of the excess over $731,200