$50,197
or less
$50,198 to $100,392
$100,393 to $155,625
2022 federal income marginal tax rates
Federal
Tax
Brackets
Imagine you make $110,000 in taxable income in 2022. Hover over the shapes below to see how much you could pay in income tax without taking into account any possible credits or deductions that might apply to you.
Therefore, based on this example of $110,000 in earned income, the total amount of tax payable (without reference to any possible credits and/or deductions that might apply), would be $20,318 ($7,530 + $10,290 + $2,498).
For the first $50,197 you earned, the 15% marginal tax rate on that income would mean a tax payment of approximately $7,530.
For the next $50,195 you earned – that is the amount you earned within the next tax bracket from $50,198 to $100,392 – the 20.5% marginal tax rate applicable to that income would mean a tax payment of approximately $10,290.
TOTAL
For that final $9,607 you earned (which is the amount from $100,393 to $110,000), the 26% marginal tax rate applicable to that income would mean a tax payment of approximately $2,498.