Tax Rate | Taxable Income | |
Single | ||
10% | $1 – 11,000 | |
12% | $11,001 – 44,725 | |
22% | $44,726 – 95,375 | |
24% | $95,376 – 182,100 | |
32% |
|
|
35% | $231,251 – 578,100 |
|
37% | Over $578,101 | |
Married Joint | ||
10% | $1 – 22,000 | |
12% |
|
|
22% |
|
|
24% | $190,751 – 364,200 | |
32% | $364,201 – 462.500 | |
35% | $462,501 – 693,750 |
|
37% | Over $693,751 | |
Married Separate | ||
10% | $1 – 11,000 | |
12% |
|
|
22% | $$44,726 – 95,375 | |
24% | $$95,376 – 182,100 | |
32% | $182,101 – 231,250 | |
35% | $231,251 – 346,875 |
|
37% | Over $346,876 | |
Head of Household | ||
10% | $1 – 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 – 578,1000 | |
37% | Over $578,101 | |
2023 Medicare tax on earned income. A 0.9% Medicare surtax is imposed on wages and self-employment income exceeding $200,000 for singles and $250,000 for married couples.
2023 Medicare tax on unearned Income. A 3.8% Medicare tax is imposed on unearned income (interest, dividends, annuities, royalties, and certain rents) for singles with modified AGI exceeding $200,000 and for married couples with AGI exceeding $250,000.