For the tax year 2022, there are seven federal income tax brackets, ranging from 10% to 37% . The tax brackets for 2022 are as follows:
- 10%: $0 to $10,275 for single filers; $0 to $20,550 for married filing jointly; $0 to $14,650 for head of household.
- 12%: $10,276 to $41,775 for single filers; $20,551 to $83,550 for married filing jointly; $14,651 to $55,900 for head of household.
- 22%: $41,776 to $89,075 for single filers; $83,551 to $178,150 for married filing jointly; $55,901 to $89,050 for head of household.
- 24%: $89,076 to $170,050 for single filers; $178,151 to $340,100 for married filing jointly; $89,051 to $170,050 for head of household.
- 32%: $170,051 to $215,950 for single filers; $340,101 to $431,900 for married filing jointly; $170,051 to $215,950 for head of household.
- 35%: $215,951 to $539,900 for single filers; $431,901 to $647,850 for married filing jointly; $215,951 to $539,900 for head of household.
- 37%: $539,901 or more for single filers; $647,851 or more for married filing jointly; $539,901 or more for head of household.
Its important to note that these tax brackets are subject to change each year due to inflation adjustments.