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Federal Income Tax Brackets For 2022

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The IRS recently announced the 2022 tax brackets. Given many people are interested in the changes, we wanted to include the latest tax bracket updates as quickly as possible.

If you’re looking for past year’s tax brackets, check out the tables below. 

With the Trump tax reforms, there have been a number of changes to the tax law. These include new federal tax brackets, standard deduction changes, and elimination of the personal exemption. 

To better compare the tax brackets, we’ve included the historical ones below.

Check this out if you’re looking for the specific Capital Gains Tax Brackets and Rates.

2022 Federal Tax Brackets

Here are the 2022 Federal tax brackets. Remember, these aren’t the amounts you file for your tax return, but rather the amount of tax you’re going to pay starting January 1, 2022 to December 31, 2022.

The table below shows the tax bracket/rate for each income level:

2022 Federal Tax Brackets

2022 Standard Deduction

The standard deduction has also increased slightly for 2022, which you can see in the table below.

Personal exemptions, which were eliminated from 2018 through 2025 as part of the Tax Cuts and Jobs Act, will remain at zero.

Standard Deduction Amount

2021 Federal Tax Brackets

Here are the 2021 Federal tax brackets. Remember, these aren’t the amounts you file for your tax return, but rather the amount of tax you’re going to pay starting January 1, 2021 to December 31, 2021.

The table below shows the tax bracket/rate for each income level:

2021 Federal Tax Brackets

2021 Standard Deduction

The standard deduction has also increased slightly for 2021, which you can see in the table below.

Personal exemptions, which were eliminated from 2018 through 2025 as part of the Tax Cuts and Jobs Act, will remain at zero.

Prior Year Tax Brackets

Looking for some history? Here are the past years tax brackets and standard deduction levels.

2020 Federal Tax Brackets

For 2020, the Federal tax brackets are very similar to what you saw in 2019. There are some slight changes, but nothing major like we saw from 2017 to 2018 with the Trump Tax Cuts and Jobs Act. 

The bottom line is that all the tax bracket upper limits went up a little bit.

The table below shows the tax bracket/rate for each income level:

2020 Standard Deduction

The standard deduction has also increased slightly for 2020, which you can see in the table below.

Personal exemptions, which were eliminated from 2018 through 2025 as part of the Tax Cuts and Jobs Act, will remain at zero.

2019 Federal Tax Brackets

For 2019, the Federal tax brackets are very similar to what you saw in 2018. There are some slight changes, but nothing major like we saw from 2017 to 2018 with the Trump Tax Cuts and Jobs Act. 

The bottom line is that all the tax bracket upper limits went up a little bit.

The table below shows the tax bracket/rate for each income level:

2019 Standard Deduction

The standard deduction has also increased for 2019, which you can see in the table below.

Personal exemptions, which were eliminated from 2018 through 2025 as part of the Tax Cuts and Jobs Act, will remain at zero.

2018 Federal Tax Brackets

For 2018, there is a still a 10% bracket and only a small change to the cutoff amounts for that bracket. The other brackets have all changed and now include the following: 12%, 22%, 24%, 32%, 35%, and 37%.

The table below shows the tax bracket/rate for each income level:

See how this compares to the 2017 tax brackets:

2018 Federal tax brackets

Overall, percentages are lower than in 2017 and the ranges for each percentage are also lower, producing tax savings for each group. For example, a married couple filing jointly and making $160,000 would have been in the 28% tax bracket for 2017. For 2018, they move down to the 22% bracket:

  • 2017: $75,901 to $153,100 = 28%
  • 2018: $77,400 to $165,000 = 22%

They dropped four percentage points and have a fairly significant amount of savings in taxes.

To understand which 2018 tax bracket you are in, here are a few examples:

  • Single earning $100,000 = 24%
  • Married filing jointly and earning $90,000 = 22%
  • Single earning $190,000 = 32%
  • Head of household earning $140,000 = 24%

2018 Standard and Personal Exemption Changes

The standard deduction has also changed for 2018.

From the table, you can see there are large increases from 2017 to 2018. These come at the expense of the personal exemption, which has been repealed.

Calculating Your Withholdings

If you’d like to calculate your withholdings, you can use the IRS withholding calculator found at https://apps.irs.gov/app/withholdingcalculator/.

And note, remember on top of your Federal taxes, you also have to pay FICA Taxes. These are the payroll taxes that go to Social Security and Medicare. Plus, you may have to pay state taxes depending on your state.



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