208-664-8980

1875 N. Lakewood Dr.
Suite 102
Coeur d'Alene, ID 83814

Tax

What's My 2023 Tax Bracket?

What's my 2022 Tax Bracket? Every year, the IRS evaluates and typically adjusts certain tax provisions to account for inflation. Below is the IRS’s latest adjustments for the 2022 tax year - including tax brackets and standard deductions. This material is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax, legal, and accounting professionals before modifying your tax strategy.What's my 2022 Tax Bracket? Every year, the IRS evaluates and typically adjusts certain tax provisions to account for inflation. Below is the IRS’s latest adjustments for the 2022 tax year - including tax brackets and standard deductions. This material is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax, legal, and accounting professionals before modifying your tax strategy.10% Bracket—Single: Up to 10,275 dollars, Married Filing Jointly: Up to 20,550 dollars, Married Filing Separately: Up to 10,275 dollars, Head of Household: Up to 14,650 dollars.10% Bracket—Single: Up to 10,275 dollars, Married Filing Jointly: Up to 20,550 dollars, Married Filing Separately: Up to 10,275 dollars, Head of Household: Up to 14,650 dollars.12% Bracket—Single: 10,276 dollars to 41,775 dollars, Married Filing Jointly: 20,551 dollars to 83,550 dollars, Married Filing Separately: 10,276 dollars to 41,775 dollars, Head of Household: 14,651 dollars to 55,900 dollars.12% Bracket—Single: 10,276 dollars to 41,775 dollars, Married Filing Jointly: 20,551 dollars to 83,550 dollars, Married Filing Separately: 10,276 dollars to 41,775 dollars, Head of Household: 14,651 dollars to 55,900 dollars.22% Bracket—Single: 41,776 dollars to 89,075 dollars, Married Filing Jointly: 83,551 dollars to 178,150 dollars , Married Filing Separately: 41,776 dollars to 89,075 dollars, Head of Household: 55,901 dollars to 89,050 dollars.22% Bracket—Single: 41,776 dollars to 89,075 dollars, Married Filing Jointly: 83,551 dollars to 178,150 dollars , Married Filing Separately: 41,776 dollars to 89,075 dollars, Head of Household: 55,901 dollars to 89,050 dollars.24% Bracket—Single: 89,076 dollars to 170,050 dollars, Married Filing Jointly: 178,151 dollars to 340,100 dollars, Married Filing Separately: 89,076 dollars to 170,050 dollars, Head of Household: 89,051 dollars to 170,050 dollars.24% Bracket—Single: 89,076 dollars to 170,050 dollars, Married Filing Jointly: 178,151 dollars to 340,100 dollars, Married Filing Separately: 89,076 dollars to 170,050 dollars, Head of Household: 89,051 dollars to 170,050 dollars.32% Bracket—Single: 170,051 dollars to 215,950 dollars, Married Filing Jointly: 340,101 dollars to 431,900 dollars, Married Filing Separately: 170,051 dollars to 215,950 dollars, Head of Household: 170,051 dollars to 215,950 dollars.32% Bracket—Single: 170,051 dollars to 215,950 dollars, Married Filing Jointly: 340,101 dollars to 431,900 dollars, Married Filing Separately: 170,051 dollars to 215,950 dollars, Head of Household: 170,051 dollars to 215,950 dollars.35% Bracket—Single: 215,951 dollars to 539,900 dollars, Married Filing Jointly: 431,901 dollars to 647,850 dollars, Married Filing Separately: 215,951 dollars to 323,925 dollars, Head of Household: 215,951 dollars to 539,900 dollars.35% Bracket—Single: 215,951 dollars to 539,900 dollars, Married Filing Jointly: 431,901 dollars to 647,850 dollars, Married Filing Separately: 215,951 dollars to 323,925 dollars, Head of Household: 215,951 dollars to 539,900 dollars.37% Bracket—Single: Over 539,900 dollars, Married filing Jointly: Over 647,850 dollars, Married Filing Separately: Over 323,925 dollars, Head of Household: Over 539,900 dollars.37% Bracket—Single: Over 539,900 dollars, Married filing Jointly: Over 647,850 dollars, Married Filing Separately: Over 323,925 dollars, Head of Household: Over 539,900 dollars.2022 Standard Deduction Amounts—Single: 12,950 dollars, Married Filing Jointly: 25,900 dollars, Married Filing Separately: 12,950 dollars, Head of Household: 19,400 dollars.2022 Standard Deduction Amounts—Single: 12,950 dollars, Married Filing Jointly: 25,900 dollars, Married Filing Separately: 12,950 dollars, Head of Household: 19,400 dollars.
Share |
 

Related Content

How Compound Interest Works

How Compound Interest Works

Use this calculator to better see the potential impact of compound interest on an asset.

Mental Health for the Next Gen: 4 Tips to Support Teens

Mental Health for the Next Gen: 4 Tips to Support Teens

The teenage years are no easy feat no matter what. They are dealing with hormones, body changes, a demanding social scene, grades, and the impending pressure of leaving the nest. In our current world, teens are also facing....

12 Days of Saving Tips

12 Days of Saving Tips

Having a set of savings tips to refer to can help make your short-term and long-term financial outlook merry and bright.

 

Have A Question About This Topic?







Thank you! Oops!

Protection Against Uninsured Drivers

You’re hit by an uninsured driver. Now what? Are you protected against financial losses?

4 Ways Thinking Long-Term Can Improve Your Everyday Life

Financial planning often doesn’t take place on a beach. But the next time you find yourself there, try this experiment, courtesy of management and motivational guru Stephen R. Covey: You’ll need a mason jar and an assortment of big rocks, smaller gravel, sand, and water.

3 Estate Challenges for Blended Families

If you’ve been re-married or divorced, these family structures may present some unique challenges. This article will help your clients with blended families think and prepare their estate strategy.

View all articles

Comparing Investments

This calculator compares the net gain of a taxable investment versus a tax-favored one.

Federal Income Tax

Use this calculator to estimate your income tax liability along with average and marginal tax rates.

Contributing to an IRA?

Determine if you are eligible to contribute to a traditional or Roth IRA.

View all calculators

Long-Term-Care Protection Strategies

The chances of needing long-term care, its cost, and strategies for covering that cost.

Your Cash Flow Statement

A presentation about managing money: using it, saving it, and even getting credit.

5 Smart Investing Principles

Principles that can help create a portfolio designed to pursue investment goals.

View all presentations

Questions to Consider When Buying a Vacation Home

Doing your research is key before buying a vacation home.

Safeguard Your Digital Estate

If you died, what would happen to your email archives, social profiles and online accounts?

Don’t Myth Out on Whole Life

Whole life insurance can help protect what matters most: your family, your assets, and your legacy.

View all videos