Categories: Tax Tips & Planning

2022 Tax Brackets and Federal Income Tax Rates

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Knowing your tax bracket can help you estimate the amount of tax you’ll owe the IRS.  If you’re one of the 64 million taxpayers who self-prepared their returns this year, you may have no clue what tax bracket you’re in.  That’s because tax software programs like ezTaxReturn do all the math for you.

There are seven tax brackets the IRS adjusts each year for inflation.  The current tax rates for the seven brackets are 10%, 12%, 22%, 24%, 32%, 35% and 37%.  Your tax bracket is determined by your filing status and taxable income.  Depending on how much you earn, each portion of your income may be taxed at a different rate.  The idea is the more you earn, the more you’ll pay in taxes.  Here are the 2022 tax brackets for returns due in April 2023.

2022 single filer tax brackets

Tax rate Taxable income Tax owed
10% $0 to $10,275 10% of taxable income
12% $10,276 to $41,775 $1,027.50 + 12% of the amount over $10,275
22% $41,776 to $89,075 $4,807.50 + 22% of the amount over $41,775
24% $89,076 to $170,050 $15,213.50 + 24% of the amount over $89,075
32% $170,051 to $215,950 $34,647.50 + 32% of the amount over $170,050
35% $215,951 to $539,900 $49,335.50 + 35% of the amount over $215,950
37% $539,901 or more $162,718 + 37% of the amount over $539,900

2022 married filing jointly tax brackets

Tax rate Taxable income Tax owed
10% $0 to $20,550 10% of taxable income
12% $20,551 to $83,550 $2,055 + 12% of the amount over $20,550
22% $83,551 to $178,150 $9,615 + 22% of the amount over $83,550
24% $178,151 to $340,100 $30,427 + 24% of the amount over $178,150
32% $340,101 to $431,900 $69,295 + 32% of the amount over $340,100
35% $431,901 to $647,850 $98,671 + 35% of the amount over $431,900
37% $647,851 or more $174,253.50 + 37% of the amount over $647,850

2022 married filing separately tax brackets

Tax rate Taxable income Tax owed
10% $0 to $10,275 10% of taxable income
12% $10,276 to $41,775 $1,027.50 + 12% of the amount over $10,275
22% $41,776 to $89,075 $4,807.50 + 22% of the amount over $41,775
24% $89,076 to $170,050 $15,213.50 + 24% of the amount over $89,075
32% $170,051 to $215,950 $34,647.50 + 32% of the amount over $170,050
35% $215,951 to $323,925 $49,335.50 + 35% of the amount over $215,950
37% $323,926 or more $87,126.75 + 37% of the amount over $323,925

2022 head of household tax brackets

Tax rate Taxable income Tax owed
10% $0 to $14,650 10% of taxable income
12% $14,651 to $55,900 $1,465 + 12% of the amount over $14,650
22% $55,901 to $89,050 $6,415 + 22% of the amount over $55,900
24% $89,051 to $170,050 $13,708 + 24% of the amount over $89,050
32% $170,051 to $215,950 $33,148 + 32% of the amount over $170,050
35% $215,951 to $539,900 $47,836 + 35% of the amount over $215,950
37% $539,901 or more $161,218.50 + 37% of the amount over $539,900

If any of this seems confusing, don’t worry, ezTaxReturn has got you covered.  When you do your taxes with ezTaxReturn, we do all the calculations, so you file a 100% accurate return.  It’s fast, ez and stress-free.

ezTaxReturn Expert Staff

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ezTaxReturn Expert Staff

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