2023 TAX RATES

SINGLE

If Taxable Income is:

$0 to $9,950

$9,950 to $40,525

$40,525 to $86,375

$86,375 to $164,925

$164,925 to $209,425

$209,425 to $523,600

Over $523,600

The Tax is:

10% of taxable income

$995.00 + 12% of the amount over $9,950

$4,664.00 + 22% of the amount over $40,525

$14,751.00 + 24% of the amount over $86,375

$33,603.00 + 32% of the amount over $164,925

$47,843.00 + 35% of the amount over $209,425

$157,804.22 + 37% of the amount over $523,600

HEAD OF HOUSEHOLD

If Taxable Income is:

$0 to $14,200

$14,200 to $54,200

$54,200 to $86,350

$86,350 to $164,900

$164,900 to $209,400

$209,400 to $523,600

Over $523,600

The Tax is:

10% of taxable income

 $1,420 + 12% of the amount over $14,200

$6,220 + 22% of the amount over $54,200

$13,293 + 24% of the amount over $86,350

$32,145 + 32% of the amount over $164,900

$46,385 + 35% of the amount over $209,400

$156,355 + 37% of the amount over $523,600

MARRIED FILING JOINTLY

If Taxable Income is:

 $0 to $19,900

$19,900 to $81,050

$81,050 to $172,750

$172,750 to $329,850

$329,850 to $418,850

$418,850 to $628,300

Over $628,300

The Tax is:

 10% of taxable income

$1,990 + 12% of the amount over $19,900

$9,328 + 22% of the amount over $81,050

$29,502 + 24% of the amount over $172,750

$67,206 + 32% of the amount over $329,850

$95,686 + 35% of the amount over $418,850

$168,993.50 + 37% of the amount over $628,300

MARRIED FILING SEPARATELY

If Taxable Income is:

$0 to $9,950

$9,950 to $40,525

$40,525 to $86,375

$86,375 to $164,925

$164,925 to $209,425

$209,425 to $314,150

Over $314,150

The Tax is:

10% of taxable income

 $995 + 12% of the amount over $9,950

$4,664 + 22% of the amount over $40,525

$14,751 + 24% of the amount over $86,375

$33,603 + 32% of the amount over $164,925

$47,843 + 35% of the amount over $209,425

$84,496.75 + 37% of the amount over $314,150

STANDARD MILEAGE RATE

Use:

Business

Medical Care or Move

Charitable

Rate:

56 cents

16 cents

14 cents