Your federal tax rates are based on your income level and filing status. The percentages and income brackets can change annually. Below are the tax rates for the current and previous two years.
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2023 Tax Rate Schedule
2023 Tax Rate Schedule
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2022 Tax Rate Schedule
2022 Tax Rate Schedule
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2021 Tax Rate Schedule
2021 Tax Rate Schedule
Taxable Income1 | Federal Tax Rates | |||
---|---|---|---|---|
Married Filing Joint | Single Filers | Federal Income |
Net Investment Income2 | Long-Term Capital Gains |
$0 - $22,000 | $0 - $11,000 | 10% | - | 0% |
$22,001 - $89,250 | $11,001 - $44,625 | 12% | ||
$89,251 - $89,450 | $44,626 - $44,725 | 12% | 15% | |
$89,451 - $190,750 | $44,726 - $95,375 | 22% | ||
$190,751 - $250,000 | $95,376 - $182,100 | 24% | ||
- | $182,101 - $200,000 | 32% | ||
$250,001 - $364,200 | - | 24% | 3.8% | |
$364,201 - $462,500 | $200,001 - $231,250 | 32% | ||
$462,501 - $553,850 | $231,251 - $492,300 | 35% | ||
$553,851 - $693,750 | $492,301 - $578,125 | 35% | 20% | |
$693,751 and above | $578,126 and above | 37% |
Taxable Income1 | Federal Tax Rates | |||
---|---|---|---|---|
Married Filing Separately | Head of Household | Federal Income | Net Investment Income2 | Long-Term Capital Gains |
$0 - $11,000 | $0 - $15,700 | 10% | - | 0% |
$11,001 - $44,625 | $15,701 - $59,750 | 12% | ||
$44,626 - $44,725 | $59,751 - $59,850 | 12% | 15% | |
$44,726 - $95,375 | $59,851 - $95,350 | 22% | ||
$95,376 - $125,000 | $93,351 - $182,100 | 24% | ||
- | $182,101 - $200,000 | 32% | ||
$125,001 - $182,100 | - | 24% | 3.8% | |
$182,101 - $231,250 | $200,001 - $231,250 | 32% | ||
$231,251 - $276,900 | $231,251 - $523,050 | 35% | ||
$276,901 - $346,875 | $523,051 - $578,100 | 35% | 20% | |
$346,876 and above | $578,101 and above | 37% |
Taxable Income1 | Federal Tax Rates | |||
---|---|---|---|---|
Married Filing Joint | Single Filers | Federal Income |
Net Investment Income2 | Long-Term Capital Gains |
$0 - $20,550 | $0 - $10,275 | 10% | - | 0% |
$20,551 - $83,350 | $10,276 - $41,675 | 12% | ||
$83,351 - $83,550 | $41,676 - $41,775 | 12% | 15% | |
$83,551 - $178,150 | $41,776 - $89,075 | 22% | ||
$178,151 - $250,000 | $89,076 - $170,050 | 24% | ||
- | $170,051 - $200,000 | 32% | ||
$250,001 - $340,100 | - | 24% | 3.8% | |
$340,101 - $431,900 | $200,001 - $215,950 | 32% | ||
$431,901 - $517,200 | $215,951 - $459,750 | 35% | ||
$517,201 - $647,850 | $459,751 - $539,900 | 35% | 20% | |
$647,851 and above | $539,901 and above | 37% |
Taxable Income1 | Federal Tax Rates | |||
---|---|---|---|---|
Married Filing Separately | Head of Household | Federal Income | Net Investment Income2 | Long-Term Capital Gains |
$0 - $10,275 | $0 - $14,650 | 10% | - | 0% |
$10,276 - $41,675 | $14,651 - $55,800 | 12% | ||
$41,676 - $41,775 | $55,801 - $55,900 | 12% | 15% | |
$41,776 - $89,075 | $55,901 - $89,050 | 22% | ||
$89,076 - $125,000 | $89,051 - $170,050 | 24% | ||
- | $170,051 - $200,000 | 32% | ||
$125,001 - $170,050 | - | 24% | 3.8% | |
$170,051 - $215,950 | $200,001 - $215,950 | 32% | ||
$215,951 - $258,600 | $215,951 - $488,500 | 35% | ||
$258,601 - $323,925 | $488,501 - $539,900 | 35% | 20% | |
$323,926 and above | $539,901 and above | 37% |
Taxable Income1 | Federal Tax Rates | |||
---|---|---|---|---|
Married Filing Joint | Single Filers | Federal Income | Net Investment Income2 | Long-Term Capital Gains |
$0 - $19,900 | $0 - $9,950 | 10% | - | 0% |
$19,901 - $80,800 | $9,951 - $40,400 | 12% | ||
$80,801 - $81,050 | $40,401 - $40,525 | 12% | 15% | |
$81,051 - $172,750 | $40,526 - $86,375 | 22% | ||
$172,751 - $250,000 | $86,376 - $164,925 | 24% | ||
- | $164,926 - $200,000 | 32% | ||
$250,001 - $329,850 | - | 24% | 3.8% | |
$329,851 - $418,850 | $200,001 - $209,425 | 32% | ||
$418,851 - $501,600 | $209,426 - $445,850 | 35% | ||
$501,601 - $628,300 | $445,851 - $523,600 | 35% | 20% | |
$628,301 and above | $523,601 and above | 37% |
Taxable Income1 | Federal Tax Rates | |||
---|---|---|---|---|
Married Filing Separately | Head of Household | Federal Income | Net Investment Income2 | Long-Term Capital Gains |
$0 - $9,950 | $0 - $14,200 | 10% | - | 0% |
$9,951 - $40,400 | $14,201 - $54,100 | 12% | ||
$40,401 - $40,525 | $54,101 - $54,200 | 12% | 15% | |
$40,526 - $86,375 | $54,201 - $86,350 | 22% | ||
$86,376 - $125,000 | $86,351 - $164,900 | 24% | ||
- | $164,901 - $200,000 | 32% | ||
$125,001 - $164,925 | - | 24% | 3.8% | |
$164,926 - $209,425 | $200,001 - $209,400 | 32% | ||
$209,426 - $250,800 | $209,401 - $473,750 | 35% | ||
$250,801 - $314,150 | $473,751 - $523,600 | 35% | 20% | |
$314,151 and above | $523,601 and above | 37% |
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1 Net amount subject to federal income tax after deductions.
2 Additional 3.8% federal tax imposed on lesser of total “net investment income” or the amount of modified adjusted gross income (MAGI) in excess of the applicable threshold ($200,000 for Single and Head of Household, $250,000 for Married Filing Joint, and $125,000 for Married Filing Separately). For presentation in this table, no distinction is made between MAGI and taxable income. However, since MAGI is generally higher than taxable income, the 3.8% tax may be applicable even if your taxable income is below the applicable threshold.
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