UNITED STATES
2023 Federal Income Tax Brackets
How much federal income tax should be paid per income bracket?
In the US income tax is broken down a few different ways, from federal to state and then even further into your filing status and income bracket. Under the federal income tax, they take into consideration your W-4 filing status.
Filing statuses can be one of the following:
- Single: If on the last day of the year, you are unmarried or legally separated from your spouse under a divorce or separate maintenance decree and you do not qualify for another filing status.
- Married filing: You are married and both you and your spouse agree to file a joint return. (On a joint return, you report your combined income and deduct your combined allowable expenses.)
- Married filing separately: You must be married. This method may benefit you if you want to be responsible only for your own tax or if this method results in less tax than a joint return. If you and your spouse do not agree to file a joint return, you may have to use this filing status.
- Head of Household: You must meet the following requirements: 1. You considered unmarried on the last day of the year. 2. You paid more than half the cost of keeping up a home for the year. 3. A qualifying person lived with you in the home for more than half the year (except temporary absences, such as school).
Here’s what you should be paying per status:
Single Filer
Income bracket
Tax rate
Tax owed
$0 – $11,000
10%
10% of taxable income
$11,001 – $44,725
12%
$1,100 plus 12% of the amount over $11,000
$44,726 – $95,375
22%
$5,147 plus 22% of the amount over $44,725
$95,376 – $182,100
24%
$16,290 plus 24% of the amount over $95,375
$182,101 to $231,250
32%
$37,104 plus 32% of the amount over $182,100
$231,251 to $578,125
35%
$52,832 plus 35% of the amount over $231,250
$578,126 or more
37%
$174,238.25 plus 37% of the amount over $578,125
Married, filing jointly
Income bracket
Tax rate
Tax owed
$0 – $22,000
10%
10% of taxable income
$22,001 – $89,450
12%
$2,200 plus 12% of the amount over $22,000.
$89,451 – $190,750
22%
$10,294 plus 22% of the amount over $89,450
$190,751 to $364,200
24%
$32,580 plus 24% of the amount over $190,750
$364,201 to $462,500
32%
$74,208 plus 32% of the amount over $364,200
$462,501 to $693,750
35%
$105,664 plus 35% of the amount over $462,500
$693,751 or more
37%
$186,601.50 + 37% of the amount over $693,750
Married, filing separately
Income bracket
Tax rate
Tax owed
$0 – $11,000
10%
10% of taxable income
$11,001 – $44,725
12%
$1,100 plus 12% of the amount over $11,000
$44,726 to $95,375
22%
$5,147 plus 22% of the amount over $44,725
$95,376 to $182,100
24%
$16,290 plus 24% of the amount over $95,375
$182,101 to $231,250
32%
$37,104 plus 32% of the amount over $182,100
$231,251 to $346,875
35%
$52,832 plus 35% of the amount over $231,250
$346,876 or more
37%
$93,300.75 plus 37% of the amount over $346,875
Head of household
Income bracket
Tax rate
Tax owed
$0 – $15,700
10%
10% of taxable income
$15,701 to $59,850
12%
$1,570 plus 12% of the amount over $15,700
$59,851 to $95,350
22%
$6,868 plus 22% of the amount over $59,850
$95,351 to $182,100
24%
$14,678 plus 24% of the amount over $95,350
$182,101 to $231,250
32%
$35,498 plus 32% of the amount over $182,100
$231,251 to $578,100
35%
$51,226 plus 35% of the amount over $231,250
$578,101 or more
37%
$172,623.50 plus 37% of the amount over $578,100