2022 Income Tax Brackets

The IRS released the federal marginal tax rates and income brackets for 2022. And the seven tax rates remain unchanged, while the income limits have been adjusted for inflation.


Here are 2022 income tax brackets, depending on your income and filing status.

Income tax rates table

Marginal tax bracket vs. your effective tax rate

What’s the difference?

Your marginal tax bracket is the tax rate you pay on your last dollar of income. This is how you determine which tax bracket you’re in. Meanwhile, your effective tax rate is the percentage of your income that you pay in taxes.

Tax bracket and effective tax rate are continuously changing and so for 2022. For instance, it could push you into the next higher tax bracket when you get a raise. On the flip side, if income drops or become eligible to take more deductions, it could fall into a lower tax bracket. Keep in mind that tax rate could change because the IRS regularly changes the income ranges that apply to each bracket. Also, because the government can enact new legislation. Make sure to check each year to see the new tax brackets and how that could impact the amount you will pay. Here’s how income taxes work.

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