What Are the Tax Brackets for 2022 (for filing in 2023)? What Are the Federal Tax Brackets for 2024 (for filing in 2025)? Head of Household If taxable income is over: Married Filing Separately If taxable income is over: Married Filing Jointly or Qualifying Widow (Widower) If taxable income is over: What Are the Federal Tax Brackets for 2023 (for filing in 2024)? In many countries, including the United States, tax brackets are progressive, which means the more you earn, the higher your tax rate will be. These tax brackets determine how much you’ll pay on your taxable income for that year.Įach year, tax brackets are adjusted based on inflation. What Are Tax Brackets?Įach year, the federal government sets tax brackets that include unique tax rates for different levels of income that individuals use when filing their taxes. Use the tables below to find your tax bracket.
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