2023 Federal Income Tax Brackets

10%

$0 to $10,999

10% of the taxable income

12%

$11,000 to $44,725

$1,100 plus 12% of the excess over $11,000

22%

$44,726 to $95,375

$5,147 plus 22% of the excess over $41,726

24%

$95,376 to $182,100

32%

$182,101 to $231,250

$37,104 plus 32% of the excess over $182,100

35%

$231,251 to $578,125

$52,832 plus $35% of the excess over $231,250

37%

$578,126 or more

$174,238.25 plus 37% of the excess over $578,125

10%

$0 – $22,000

10% of the taxable income

12%

$22,001- $89,450

$2,200 plus 12% of the excess over $22,001

22%

$89,451 – $190,750

$10,294 plus 22% of the excess over $89,451

24%

$190,751 to $364,200

$32,580 plus 24% of the excess over $190,751

32%

$364,201 to $462,500

$74,208 plus 32% of the excess over $364,201

35%

$462,501 to $693,750

$105,664 plus 35% of the excess over $462,501

37%

$693,751 or more

$186,601.50 plus 37% of the excess over $693,751

10%

$0 – $11,000

10% of the taxable income

12%

$11,001- $44,725

$1,100 plus 12% of the excess over $11,001

22%

$44,726 – $95,375

$5,147 plus 22% of the excess over $44,726

24%

$95,376 to $182,100

$16,290 plus 24% of the excess over $95,376

32%

$182,101 to $231,250

$37,104 plus 32% of the excess over $182,101

35%

$231,251 to $346,875

$52,832 plus 35% of the excess over $231,251

37%

$346,876 or more

$93,300.75 plus 37% of the excess over $346,875

10%

$0 to $15,700

10% of taxable income

12%

$15,701 to $59,850

$1,570 plus 12% of the excess over $15,701

22%

$59,851 to $95,350

$6,868 plus 22% of the excess over $59,851

24%

$95,351 to $182,100

$14,678 plus 24% of the excess over $95,351

32%

$182,101 to $231,250

$34,498 plus 32% of the excess over $182,101

35%

$231,251 to $578,100

$51,226 plus $35% of the excess over $231,251

37%

$578,101 or more

$172,623.50 plus 37% of the excess over $578,101