Tax Tables / Tax Bracket Rates 2023

Updated 2023

June 29, 2018

258478

2023 Federal Income Tax Table (Filed in 2024) If taxable income is:
Married Filing Jointly:
Over	But Not Over	The Tax Is	Of The Amount Over
$0	$22,000	$0 + 10%	$0
$22,001	$89,450	$2,200 + 12%	$22,000
$89,451	$190,750	$10,294 + 22%	$89,450
$190,751	$364,200	$32,580 + 24%	$190,750
$364,201	$462,500	$74,208 + 32%	$364,200
$462,501	$693,750	$105,664 + 35%	$462,500
$693,751	And Over	$186,601.50 + 37%	$693,750

Single:
Over	But Not Over	The Tax Is	Of The Amount Over
$0	$11,000	$0 + 10%	$0
$11,001	$44,725	$1,100 + 12%	$11,000
$44,726	$95,375	$5,147 + 22%	$44,725
$95,376	$182,100	$16,290 + 24%	$95,375
$182,101	$231,250	$37,104 + 32%	$182,100
$231,251	$578,125	$52,832 + 35%	$231,250
$578,126	And Over	$174,238 + 37%	$578,125

Estates and Trusts:
Over	But Not Over	The Tax Is	Of The Amount Over
$0	$2,900	$0 + 10%	$0
$2,901	$10,550	$290 + 24%	$2,990
$10,551	$14,450	$1,703.76 + 35%	$10,550
$14,451	And Over	$3,491 + 37%	$14,450

Corporations:
Over	But Not Over	The Tax Is	Of The Amount Over
The Tax Cuts and Jobs Act of 2017 permanently drops the corporate tax rate to 21%, beginning in 2018.

2014 - 2018 Long Term Capital Gains Tax
Rates on dividends and gains for assets held over 12 months
10% income tax bracket or below	0%
15% income tax bracket or above	0%
25% income tax bracket or above	15%
28% income tax bracket or above	15%
33% income tax bracket or above	15%
35% income tax bracket or above	15%
39.6% income tax bracket or above	20%
2013 Capital Gains Tax
10% income tax bracket or below	10%
15% income tax bracket or above	10%
25% income tax bracket or above	20%
28% income tax bracket or above	20%
33% income tax bracket or above	20%
35% income tax bracket or above	20%
2008 - 2012 Capital Gains Tax
15% income tax bracket or below	0%
25% income tax bracket or above	15%
Capital Gains rate on collectibles	28%

Standard Deductions
Standard Deduction Year	Married Filing Jointly	Head Of House- hold	Single	Additional (Age 65/older, or blind): Married	Unmarried and not surviving spouse	AGI itemized deduction phase-out: Married Filing Separately	All Others
2006	$10,300	$7,550	$5,150	$1,000	$1,250	$75,250	$150,500
2007	$10,700	$7,850	$5,350	$1,050	$1,300	$78,200	$156,400
2008	$10,900	$8,000	$5,450	$1,050	$1,350	$79,975	$159,950
2009	$11,400	$8,350	$5,700	$1,100	$1,400	$83,400	$166,800
2010	$11,400	$8,400	$5,700	$1,100	$1,400	Repealed	Repealed
2011	$11,600	$8,500	$5,800	$1,150	$1,450	Repealed	Repealed
2012	$11,900	$8,700	$5,950	$1,150	$1,450	Repealed	Repealed
2013	$12,200	$8,950	$6,100	$1,500	$1,200	$150,000	$300,000
2014	$12,400	$9,100	$6,200	$1,200	$1,500	$152,525	$305,050
2015	$12,600	$9,250	$6,300	$1,250	$1,550	$154,950	$309,900
2016	$12,600	$9,300	$6,300	$1,250	$1,550	$155,650	$311,300
2017	$12,700	$9,350	$6,350	$1,250	$1,550	$156,900	$313,800
2018	$24,000	$18,000	$12,000	$1,300	$1,600	$266,700	$320,000
2019	$24,400	$18,350	$12,200	$1,300	$1,650
2020	$24,800	$18,650	$12,400	$1,300	$1,650
2021	$25,100	$18,800	$12,550	$1,350	$1,700
2022	$25,900	$19,400	$12,950	$1,400	$1,750
2023	$27,700	$20,800	$13,850	$1,500	$1,850
2024	$29,200	$21,900	$14,600	$1,550	$1,950

*The material represented hereon is provided for informational purposes only and should not be construed as tax or legal advice. The information presented here has been obtained from publicly available sources and is believed to be accurate and current. You may attain more comprehensive IRS tax tables at http://www.irs.gov. Always consult a qualified tax planning advisor.