whats the minimum income to apply the federal rules of overtime?
There are seven federal tax brackets for the 2021 tax twelvemonth: ten%, 12%, 22%, 24%, 32%, 35% and 37%. Your subclass depends on your taxable income and filing status. These are the rates for taxes due in April 2022.
Tax brackets and rates for the 2022 tax year, as well as for 2020 and previous years, are elsewhere on this page.
2021 federal income taxation brackets
(for taxes due in April 2022 or in Oct 2022 with an extension )
Expand the filing status that applies to y'all.
| Tax rate | Taxable income bracket | Tax owed |
|---|---|---|
| 10% | $0 to $9,950 | 10% of taxable income |
| 12% | $9,951 to $twoscore,525 | $995 plus 12% of the amount over $9,950 |
| 22% | $twoscore,526 to $86,375 | $4,664 plus 22% of the amount over $40,525 |
| 24% | $86,376 to $164,925 | $xiv,751 plus 24% of the amount over $86,375 |
| 32% | $164,926 to $209,425 | $33,603 plus 32% of the amount over $164,925 |
| 35% | $209,426 to $523,600 | $47,843 plus 35% of the amount over $209,425 |
| 37% | $523,601 or more | $157,804.25 plus 37% of the corporeality over $523,600 |
| Tax charge per unit | Taxable income bracket | Tax owed |
|---|---|---|
| 10% | $0 to $19,900 | ten% of taxable income |
| 12% | $19,901 to $81,050 | $1,990 plus 12% of the amount over $nineteen,900 |
| 22% | $81,051 to $172,750 | $ix,328 plus 22% of the amount over $81,050 |
| 24% | $172,751 to $329,850 | $29,502 plus 24% of the amount over $172,750 |
| 32% | $329,851 to $418,850 | $67,206 plus 32% of the amount over $329,850 |
| 35% | $418,851 to $628,300 | $95,686 plus 35% of the amount over $418,850 |
| 37% | $628,301 or more than | $168,993.50 plus 37% of the amount over $628,300 |
Married, filing separately
| Taxation charge per unit | Taxable income subclass | Tax owed |
|---|---|---|
| 10% | $0 to $nine,950 | ten% of taxable income |
| 12% | $9,951 to $40,525 | $995 plus 12% of the corporeality over $9,950 |
| 22% | $forty,526 to $86,375 | $4,664 plus 22% of the amount over $xl,525 |
| 24% | $86,376 to $164,925 | $xiv,751 plus 24% of the corporeality over $86,375 |
| 32% | $164,926 to $209,425 | $33,603 plus 32% of the corporeality over $164,925 |
| 35% | $209,426 to $314,150 | $47,843 plus 35% of the corporeality over $209,425 |
| 37% | $314,151 or more | $84,496.75 plus 37% of the amount over $314,150 |
| Revenue enhancement rate | Taxable income subclass | Tax owed |
|---|---|---|
| ten% | $0 to $14,200 | ten% of taxable income |
| 12% | $14,201 to $54,200 | $1,420 plus 12% of the amount over $fourteen,200 |
| 22% | $54,201 to $86,350 | $6,220 plus 22% of the amount over $54,200 |
| 24% | $86,351 to $164,900 | $13,293 plus 24% of the amount over $86,350 |
| 32% | $164,901 to $209,400 | $32,145 plus 32% of the amount over $164,900 |
| 35% | $209,401 to $523,600 | $46,385 plus 35% of the amount over $209,400 |
| 37% | $523,601 or more | $156,355 plus 37% of the amount over $523,600 |
2022 federal income tax brackets
(for taxes due in April 2023)
Aggrandize the filing status that applies to yous.
| Tax rate | Taxable income bracket | Tax owed |
|---|---|---|
| 10% | $0 to $ten,275 | 10% of taxable income |
| 12% | $x,276 to $41,775 | $1,027.50 plus 12% of the amount over $10,275 |
| 22% | $41,776 to $89,075 | $4,807.50 plus 22% of the amount over $41,775 |
| 24% | $89,076 to $170,050 | $fifteen,213.l plus 24% of the amount over $89,075 |
| 32% | $170,051 to $215,950 | $34,647.fifty plus 32% of the corporeality over $170,050 |
| 35% | $215,951 to $539,900 | $49,335.50 plus 35% of the corporeality over $215,950 |
| 37% | $539,901 or more | $162,718 plus 37% of the amount over $539,900 |
| Tax rate | Taxable income bracket | Taxes owed |
|---|---|---|
| x% | $0 to $twenty,550 | ten% of taxable income |
| 12% | $xx,551 to $83,550 | $2,055 plus 12% of the amount over $20,550 |
| 22% | $83,551 to $178,150 | $9,615 plus 22% of the amount over $83,550 |
| 24% | $178,151 to $340,100 | $thirty,427 plus 24% of the corporeality over $178,150 |
| 32% | $340,101 to $431,900 | $69,295 plus 32% of the amount over $340,100 |
| 35% | $431,901 to $647,850 | $98,671 plus 35% of the amount over $431,900 |
| 37% | $647,851 or more | $174,253.50 plus 37% of the amount over $647,850 |
Married, filing separately
| Revenue enhancement rate | Taxable income bracket | Taxes owed |
|---|---|---|
| 10% | $0 to $x,275 | 10% of taxable income |
| 12% | $10,276 to $41,775 | $1,027.l plus 12% of the amount over $ten,275 |
| 22% | $41,776 to $89,075 | $4,807.fifty plus 22% of the amount over $41,775 |
| 24% | $89,076 to $170,050 | $xv,213.50 plus 24% of the corporeality over $89,075 |
| 32% | $170,051 to $215,950 | $34,647.50 plus 32% of the amount over $170,050 |
| 35% | $215,951 to $323,925 | $49,335.50 plus 35% of the amount over $215,950 |
| 37% | $323,926 or more | $87,126.75 plus 37% of the corporeality over $323,925 |
| Tax charge per unit | Taxable income bracket | Taxation owed |
|---|---|---|
| 10% | $0 to $xiv,650 | ten% of taxable income |
| 12% | $14,651 to $55,900 | $one,465 plus 12% of the amount over $14,650 |
| 22% | $55,901 to $89,050 | $vi,415 plus 22% of the corporeality over $55,900 |
| 24% | $89,051 to $170,050 | $13,708 plus 24% of the amount over $89,050 |
| 32% | $170,051 to $215,950 | $33,148 plus 32% of the amount over $170,050 |
| 35% | $215,951 to $539,900 | $47,836 plus 35% of the amount over $215,950 |
| 37% | $539,901 or more | $161,218.50 plus 37% of the amount over $539,900 |
How taxation brackets work
The United States has a progressive tax system, meaning people with college taxable incomes pay higher federal income revenue enhancement rates.
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Being "in" a tax bracket doesn't mean you pay that federal income revenue enhancement rate on everything you make. The progressive revenue enhancement system means that people with college taxable incomes are subject area to higher federal income taxation rates, and people with lower taxable incomes are bailiwick to lower federal income tax rates.
-
The government decides how much revenue enhancement you owe by dividing your taxable income into chunks — also known as tax brackets — and each chunk gets taxed at the corresponding tax rate. The beauty of this is that no affair which bracket you're in, you won't pay that tax rate on your entire income. (This is the thought backside the concept of an effective tax rate.)
-
Instance #i: Let'southward say you lot're a single filer with $32,000 in taxable income. That puts y'all in the 12% tax bracket in 2021. Just do you pay 12% on all $32,000? No. Actually, you pay merely ten% on the first $nine,950; you pay 12% on the balance. (Look at the tax brackets above to see the breakout.)
-
Example #2: If you had $50,000 of taxable income, yous'd pay ten% on that offset $9,950 and 12% on the chunk of income betwixt $9,951 and $40,525. And then you'd pay 22% on the balance, because some of your $50,000 of taxable income falls into the 22% tax bracket. The total bill would be almost $6,800 — about 14% of your taxable income, even though you're in the 22% bracket. That 14% is called your effective tax rate.
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That's the deal only for federal income taxes. Your country might take different brackets, a flat income tax or no income tax at all.
What is a marginal tax charge per unit?
Your marginal tax charge per unit is the tax charge per unit you would pay on 1 more than dollar of taxable income. This typically equates to your revenue enhancement bracket.
For example, if you lot're a single filer with $30,000 of taxable income, you would exist in the 12% tax bracket. If your taxable income went up by $one, you would pay 12% on that extra dollar too.
If you had $41,000 of taxable income, however, most of it would still fall within the 12% subclass, but the concluding few hundred dollars would land in the 22% revenue enhancement subclass. Your marginal tax rate would exist 22%.
How to go into a lower tax bracket and pay a lower federal income tax rate
Two common ways of reducing your revenue enhancement bill are credits and deductions.
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Taxation credits directly reduce the amount of tax you owe; they don't touch what bracket you're in.
-
Revenue enhancement deductions , on the other hand, reduce how much of your income is subject to taxes. More often than not, deductions lower your taxable income by the percentage of your highest federal income revenue enhancement subclass. And so if you lot autumn into the 22% tax bracket, a $i,000 deduction could save you $220.
In other words: Accept all the taxation deductions you can claim — they can reduce your taxable income and could kick you to a lower bracket, which means you pay a lower revenue enhancement charge per unit.
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Past years' tax brackets
Curious how federal income taxation brackets and rates take changed over the years? Take a look back.
2020 tax brackets and rates
| Tax rate | Single | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| 10% | $0 to $9,875 | $0 to $xix,750 | $0 to $ix,875 | $0 to $14,100 |
| 12% | $9,876 to $forty,125 | $xix,751 to $80,250 | $9,876 to $40,125 | $14,101 to $53,700 |
| 22% | $forty,126 to $85,525 | $80,251 to $171,050 | $twoscore,126 to $85,525 | $53,701 to $85,500 |
| 24% | $85,526 to $163,300 | $171,051 to $326,600 | $85,526 to $163,300 | $85,501 to $163,300 |
| 32% | $163,301 to $207,350 | $326,601 to $414,700 | $163,301 to $207,350 | $163,301 to $207,350 |
| 35% | $207,351 to $518,400 | $414,701 to $622,050 | $207,351 to $311,025 | $207,351 to $518,400 |
| 37% | $518,401 or more | $622,051 or more | $311,026 or more | $518,401 or more |
2019 tax brackets and rates
2019 Federal Income Tax Brackets
| Tax rate | Single | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| 10% | $0 to $9,700 | $0 to $xix,400 | $0 to $nine,700 | $0 to $13,850 |
| 12% | $9,701 to $39,475 | $19,401 to $78,950 | $9,701 to $39,475 | $thirteen,851 to $52,850 |
| 22% | $39,476 to $84,200 | $78,951 to $168,400 | $39,476 to $84,200 | $52,851 to $84,200 |
| 24% | $84,201 to $160,725 | $168,401 to $321,450 | $84,201 to $160,725 | $84,201 to $160,700 |
| 32% | $160,726 to $204,100 | $321,451 to $408,200 | $160,726 to $204,100 | $160,701 to $204,100 |
| 35% | $204,101 to $510,300 | $408,201 to $612,350 | $204,101 to $306,175 | $204,101 to $510,300 |
| 37% | $510,301 or more | $612,351 or more | $306,176 or more than | $510,301 or more than |
2018 revenue enhancement brackets and rates
2018 Federal Income Tax Brackets
| Revenue enhancement charge per unit | Single | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| 10% | $0 to $9,525 | $0 to $19,050 | $0 to $nine,525 | $0 to $13,600 |
| 12% | $nine,526 to $38,700 | $19,051 to $77,400 | $ix,526 to $38,700 | $13,601 to $51,800 |
| 22% | $38,701 to $82,500 | $77,401 to $165,000 | $38,701 to $82,500 | $51,801 to $82,500 |
| 24% | $82,501 to $157,500 | $165,001 to $315,000 | $82,501 to $157,500 | $82,501 to $157,500 |
| 32% | $157,501 to $200,000 | $315,001 to $400,000 | $157,501 to $200,000 | $157,501 to $200,000 |
| 35% | $200,001 to $500,000 | $400,001 to $600,000 | $200,001 to $300,000 | $200,001 to $500,000 |
| 37% | $500,001 or more | $600,001 or more than | $300,001 or more | $500,001 or more |
2017 taxation brackets and rates
2017 Federal Income Tax Brackets
| Revenue enhancement charge per unit | Single | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| 10% | $0 to $9,325 | $0 to $18,650 | $0 to $9,325 | $0 to $13,350 |
| 15% | $9,326 to $37,950 | $eighteen,651 to $75,900 | $9,326 to $37,950 | $13,351 to $l,800 |
| 25% | $37,951 to $91,900 | $75,901 to $153,100 | $37,951 to $76,550 | $50,801 to $131,200 |
| 28% | $91,901 to $191,650 | $153,101 to $233,350 | $76,551 to $116,675 | $131,201 to $212,500 |
| 33% | $191,651 to $416,700 | $233,351 to $416,700 | $116,676 to $208,350 | $212,501 to $416,700 |
| 35% | $416,701 to $418,400 | $416,701 to $470,700 | $208,351 to $235,350 | $416,701 to $444,550 |
| 39.six% | $418,401 or more | $470,701 or more | $235,351 or more than | $444,551 or more than |
2016 tax brackets and rates
2016 Federal Income Tax Brackets
| Revenue enhancement rate | Single | Married, filing jointly | Married, filing separately | Caput of household |
|---|---|---|---|---|
| x% | $0 to $nine,275 | $0 to $xviii,550 | $0 to $nine,275 | $0 to $13,250 |
| 15% | $nine,276 to $37,650 | $18,550 to $75,300 | $nine,275 to $37,650 | $13,250 to $l,400 |
| 25% | $37,650 to $91,150 | $75,300 to $151,900 | $37,650 to $75,950 | $fifty,400 to $130,150 |
| 28% | $91,150 to $190,150 | $151,900 to $231,450 | $75,950 to $115,725 | $130,150 to $210,800 |
| 33% | $190,150 to $413,350 | $231,450 to $413,350 | $115,725 to $206,675 | $210,800 to $413,350 |
| 35% | $413,350 to $415,050 | $413,350 to $466,950 | $206,675 to $233,475 | $413,350 to $441,000 |
| 39.six% | $415,050 or more | $466,950 or more | $233,475 or more | $441,000 or more |
2015 revenue enhancement brackets and rates
2015 Federal Income Tax Brackets
| Tax rate | Single | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| x% | $0 to $ix,225 | $0 to $18,450 | $0 to $9,225 | $0 to $13,150 |
| 15% | $ix,226 to $37,450 | $18,451 to $74,900 | $9,226 to $37,450 | $xiii,151 to $50,200 |
| 25% | $37,451 to $90,750 | $74,901 to $151,200 | $37,451 to $75,600 | $50,201 to $129,600 |
| 28% | $xc,751 to $189,300 | $151,201 to $230,450 | $75,601 to $115,225 | $129,601 to $209,850 |
| 33% | $189,301 to $411,500 | $230,451 to $411,500 | $115,226 to $205,750 | $209,851 to $411,500 |
| 35% | $411,501 to $413,200 | $411,501 to $464,850 | $205,751 to $232,425 | $411,501 to $439,000 |
| 39.6% | $413,201 or more | $464,851 or more | $232,426 or more | $439,001 or more |
2014 tax brackets and rates
2014 Federal Income Tax Brackets
| Revenue enhancement rate | Unmarried | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| x% | $0 to $9,075 | $0 to $18,150 | $0 to $9,075 | $0 to $12,950 |
| fifteen% | $9,076 to $36,900 | $xviii,151 to $73,800 | $9,076 to $36,900 | $12,951 to $49,400 |
| 25% | $36,901 to $89,350 | $73,801 to $148,850 | $36,901 to $74,425 | $49,401 to $127,550 |
| 28% | $89,351 to $186,350 | $148,851 to $226,850 | $74,426 to $113,425 | $127,551 to $206,600 |
| 33% | $186,351 to $405,100 | $226,851 to $405,100 | $113,426 to $202,550 | $206,601 to $405,100 |
| 35% | $405,101 to $406,750 | $405,101 to $457,600 | $202,551 to $228,800 | $405,101 to $432,200 |
| 39.half dozen% | $406,751 or more | $457,601 or more | $228,801 or more | $432,201 or more than |
2013 revenue enhancement brackets and rates
2013 Federal Income Revenue enhancement Brackets
| Revenue enhancement rate | Single | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| 10% | $0 to $8,925 | $0 to $17,850 | $0 to $eight,925 | $0 to $12,750 |
| 15% | $viii,926 to $36,250 | $17,851 to $72,500 | $eight,926 to $36,250 | $12,751 to $48,600 |
| 25% | $36,251 to $87,850 | $72,501 to $146,400 | $36,251 to $73,200 | $48,601 to $125,450 |
| 28% | $87,851 to $183,250 | $146,401 to $223,050 | $73,201 to $111,525 | $125,451 to $203,150 |
| 33% | $183,251 to $398,350 | $223,051 to $398,350 | $111,526 to $199,175 | $203,151 to $398,350 |
| 35% | $398,351 to $400,000 | $398,351 to $450,000 | $199,176 to $225,000 | $398,351 to $425,000 |
| 39.half dozen% | $400,001 or more | $450,001 or more than | $225,001 or more than | $425,001 or more |
2012 tax brackets and rates
2012 Federal Income Tax Brackets
| Tax charge per unit | Single | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| ten% | $0 to $eight,700 | $0 to $17,400 | $0 to $8,700 | $0 to $12,400 |
| 15% | $8,701 to $35,350 | $17,401 to $70,700 | $8,701 to $35,350 | $12,401 to $47,350 |
| 25% | $35,351 to $85,650 | $lxx,701 to $142,700 | $35,351 to $71,350 | $47,351 to $122,300 |
| 28% | $85,651 to $178,650 | $142,701 to $217,450 | $71,351 to $108,725 | $122,301 to $198,050 |
| 33% | $178,651 to $388,350 | $217,451 to $388,350 | $108,726 to $194,175 | $198,051 to $388,350 |
| 35% | $388,351 or more than | $388,351 or more than | $194,1756 or more | $388,351 or more than |
Source: https://www.nerdwallet.com/article/taxes/federal-income-tax-brackets
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