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Tax Rates
It's never too early to start thinking about the next tax season.
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Unless you filed an extension on your 2021 tax return, the next time you'll have to file your returns for most people will be April 18th, 2023. Due to inflation in 2022 the rates have remained the same but the tax brackets have been adjusted.
This could mean you're now in a different tax bracket for 2022.
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Here are the 2022 federal income tax rates and brackets:
Single Filers and Married Couples Filing Jointly
Tax Rate | Taxable Income (Single) | Taxable Income (Married Filing Jointly) |
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Married Couples Filing Separately and Head-of-Household Filers
Tax Rate | Taxable Income (Married Filing Separately) | Taxable Income (Head of Household) |
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