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Tax brackets for 2022 and 2023

Get better acquainted with the 2022 and 2023 tax brackets, the various filing statuses, and the difference between taking the standard and itemized deductions.

As you review the tables below, keep in mind that your bracket depends on your taxable income and filing status. It’s also important to note that the income limits for all tax brackets and all filers were adjusted for inflation.

Filing status and federal income tax rates – 2022 tax year 

Tax bracket

Single

Married filing jointly

Head of household

Married filing separately

10%

$0-$10,275

$0-$20,550

$0-$14,650

$0-$10,275

12%

$10,276-
$41,775 

$20,551-
$83,550 

$14,651-
$55,900 

$10,276-
$41,775 

22%

$41,776-
$89,075 

$83,551-
$178,150 

$55,901-
$89,050 

$41,776-
$89,075 

24%

$89,076- 

$170,050 

$178,151-
$340,100 

$89,051-
$170,050 

$89,076-
$170,050 

32%

$170,051- 

$215,950 

$340,101-
$431,900 

$170,051-
$215,950 

$170,051-
$215,950 

35%

$215,951- 

$539,900 

$431,901-
$647,850 

$215,951-
$539,900 

$215,951-
$323,925 

37%

$539,900+ 

$647,850+ 

$539,900+ 

$323,925+  

 

Filing status and federal income tax rates – 2023 tax year

Tax bracket

Single

Married filing jointly

Head of household

Married filing separately

 

10%

$0 - $11,000

$0 - $22,000

$0 - $15,700 $0 - $11,000

 

12%

$11,001 - $44,725 $22,001 - $89,450 $15,701 - $59,850 $11,001 - $44,725

 

22%

$44,726 - $95,375 $89,451 - $190,750 $59,851 - $95,350 $44,726 - $95,375

24%

$95,376 - $182,100 $190,751 - $364,200 $95,351 - $182,100 $95,376 -$182,100

32%

$182,101 - $231,250 $364,201 - $462,500 $182,101 - $231,250 $182,101 - $231,250

35%

$231,251 - $578,125 $462,501 - $693,750 $231,251 - $578,100 $231,251 - $346,875

37%

$578,126+ $693,751+ $578,101+ $346,876+

 

 

Filing statuses and definitions

Single

You’re either not married or you are legally separated as of Dec. 31 of the filing year AND you don't qualify for another status, like “head of household.”

 

If, at the end of the year, your divorce wasn't final, you are considered married and can't elect this status.

Married filing jointly

You’re married on Dec. 31, and you and your spouse file a joint return together. This status can be available if one spouse died during the year and you did not remarry in the same year.

 

You may also file jointly if you were married at the end of the year and your spouse died before the return was filed.

Married filing separately

You’re married but you do not file a joint return with your spouse, and instead you both file separately. You generally report only your own income, deductions, and credits, and are responsible only for the tax on your own income. State rules may vary.

 

You may pay more tax than if you use another filing status for which you qualify. Deductions and credits may be limited.

Head of household

  • You’re not married and not a surviving spouse as of Dec. 31 of the filing year AND
  • You paid over 50% of expenses to run your household for the year AND
  • Someone who counts as a “qualifying” individual (such as your child, if they meet certain conditions) lived with you for more than 50% of the year.

Qualifying widow or widower with a dependent child (Surviving Spouse Filing Status)

  • Your spouse must have died sometime in the previous two tax years AND
  • You must have been qualified to file jointly with them AND
  • You’re not married AND
  • You paid over 50% of expenses to run your household for the tax year in question AND
  • Your dependent child lived with you during the tax year in question.

 

Standard deductions vs. itemized deductions

Should you claim the standard deduction or itemize your deductions? If your itemized deductions equal more than the standard deduction, it may benefit you to itemize rather than claim the standard deduction.

Standard deductions

Itemized deductions

A fixed amount that is determined by your filing status that indicates how much you’ll be able to reduce your adjusted gross income to determine your taxable income by when you calculate your taxes.

As an alternative to the standard deduction, taxpayers can itemize certain approved expenses, such as:

  • An amount of state and local taxes, including property taxes*

*Subject to $10,000 cap, $5000 for married filing separately

  • Mortgage interest
  • Charitable contributions
  • Medical expenses (that exceed 7.5% of adjusted gross income)

Standard deduction amounts – 2022 and 2023 tax year

  2022 2023

Single

$12,950 $13,850

Married filing jointly

$25,900  $27,700

Head of household

$19,400     $20,800

Married filing separately

$12,950 $13,850
You may be eligible for an additional amount if you are 65 or older, or blind.
Our advisors partner with your tax professional to help determine the best approach to tax strategies.

Or, request an appointment online to speak with an advisor.

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Ameriprise Financial, Inc. and its affiliates do not offer tax or legal advice. Consumers should consult with their tax advisor or attorney regarding their specific situation.
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