| | | | | 2023 Federal Income Tax Rate Schedules (Individuals, Trusts, and Estates)Single taxpayersIf taxable income is: | Your tax is: |
---|
Not over $11,000 | 10% of taxable income | Over $11,000 to $44,725 | $1,100 + 12% of the excess over $11,000 | Over $44,725 to $95,375 | $5,147 + 22% of the excess over $44,725 | Over $95,375 to $182,100 |
$16,290 + 24% of the excess over $95,375 | Over $182,100 to $231,250 |
$37,104 + 32% of the excess over $182,100 | Over $231,250 to $578,125
| $52,832 + 35% of the excess over $231,250
| Over $578,125 | $174,238.25 + 37% of the excess over $578,125
|
Married filing jointly and surviving spouses
If taxable income is: | Your tax is: |
---|
Not over $22,000 | 10% of taxable income
| Over $22,000 to $89,450 | $2,200 + 12% of the excess over $22,000 | Over $89,450 to $190,750 |
$10,294 + 22% of the excess over $89,450 | Over $190,750 to $364,200 | $32,580 + 24% of the excess over $190,750 | Over $364,200 to $462,500 | $74,208 + 32% of the excess over $364,200 | Over $462,500 to $693,750 |
$105,664 + 35% of the excess over $462,500 |
Over $693,750
|
$186,601.50 + 37% of the excess over $693,750 |
Married individuals filing separately
If taxable income is: | Your tax is: |
---|
Not over $11,000 | 10% of taxable income
| Over $11,000 to $44,725 | $1,100 + 12% of the excess over $11,000 | Over $44,725 to $95,375
| $5,147 + 22% of the excess over $44,725 | Over $95,375 to $182,100 | $16,290 + 24% of the excess over $95,375 | Over $182,100 to $231,250 |
$37,104 + 32% of the excess over $182,100 | Over $231,250 to $346,875 |
$52,832 + 35% of the excess over $231,250 |
Over $346,875 | $93,300.75 + 37% of the excess over $346,875 |
Heads of household
If taxable income is: | Your tax is: |
---|
Not over $15,700 | 10% of taxable income
| Over $15,700 to $59,850 | $1,570 + 12% of the excess over $15,700 | Over $59,850 to $95,350 | $6,868 + 22% of the excess over $59,850 | Over $95,350 to $182,100 | $14,678 + 24% of the excess over $95,350 | Over $182,100 to $231,250 | $35,498 + 32% of the excess over $182,100 | Over $231,250 to $578,100 | $51,226 + 35% of the excess over $231,250 | Over $578,100 | $172,623.50 + 37% of the excess over $578,100 |
Trusts and estates
If taxable income is: | Your tax is: |
---|
Not over $2,900 | 10% of taxable income
| Over $2,900 to $10,550 | $290 + 24% of the excess over $2,900 |
Over $10,550 to $14,450 | $2,126 + 35% of the excess over $10,550 | Over $14,450 | $3,491 + 37% of the excess over $14,450 |
| | | | IMPORTANT DISCLOSURES Philippe E Berthoud and William E. Riquier offer Securities and Advisory Services through United Planners Financial Services, Member FINRA/SIPC. United Planners and The Retirement Financial Center are independent companies. Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual's personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.
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