Federal income tax rates and brackets

You pay tax as a percentage of your income in layers called tax brackets. As your income goes up, the tax rate on the next layer of income is higher.

When your income jumps to a higher tax bracket, you don't pay the higher rate on your entire income. You pay the higher rate only on the part that's in the new tax bracket.

2023 tax rates for a single taxpayer

For a single taxpayer, the rates are:

Tax rate on taxable income from . . . up to . . .
10% $0 $11,000
12% $11,001 $44,725
22% $44,726 $95,375
24% $95,376 $182,100
32% $182,101 $231,250
35% $231,251 $578,125
37% $578,126 And up

Here’s how that works for a single person with taxable income of $58,000 per year:

2023 tax rates for a single person earning $58,000 per year. Income from $0 to $11,000 is taxed at 10%. Income from $11,001 to $44,725 is taxed at 12%. Income from $44,726 to $58,000 is taxed at 22%.

2023 tax rates for other filers

Find the current tax rates for other filing statuses.

Tax rate on taxable income from . . . up to . . .
10% $0 $22,000
12% $22,001 $89,450
22% $89,451 $190,750
24% $190,751 $364,200
32% $364,201 $462,500
35% $462,501 $693,750
37% $693,751 And up
Tax rate on taxable income from . . . up to . . .
10% $0 $11,000
12% $11,001 $44,725
22% $44,726 $95,375
24% $95,376 $182,100
32% $182,101 $231,250
35% $231,251 $346,875
37% $346,876 And up
Tax rate on taxable income from . . . up to . . .
10% $0 $15,700
12% $15,701 $59,850
22% $59,851 $95,350
24% $95,351 $182,100
32% $182,101 $231,250
35% $231,251 $578,100
37% $578,101 And up

Tax rates and tables

See the 2023 tax tables.

Find the 2024 tax rates.

Related

Taxable income

How to file your taxes: step by step

IRS provides tax inflation adjustments for tax year 2024

Full 2023 tax tables

Publication 17 (2023), Your Federal Income Tax