The federal marginal tax rate for an individual increases as income rises. A marginal tax rate is the rate at which tax is incurred on an additional dollar of income:
2022 Federal Individual Income Tax Brackets
| Tax rate | Single | Married, filing jointly | Married, filing separately | Head of household |
|---|---|---|---|---|
| 10% | $0 to $10,275 | $0 to $20,550 | $0 to $10,275 | $0 to $14,650 |
| 12% | $10,275 to $41,775 | $20,550 to $83,550 | $10,275 to $41,775 | $14,650 to $55,900 |
| 22% | $41,775 to $89,075 | $83,550 to $178,150 | $41,775 to $89,075 | $55,900 to $89,050 |
| 24% | $89,075 to $170,050 | $178,150 to $340,100 | $89,075 to $170,050 | $89,050 to $170,050 |
| 32% | $170,050 to $215,950 | $340,100 to $431,900 | $170,050 to $215,950 | $170,050 to $215,950 |
| 35% | $215,950 to $539,900 | $431,900 to $647,850 | $215,950 to $323,925 | $215,950 to $539,900 |
| 37% | $539,900 or more | $647,850 or more | $323,926 or more | $539,901 or more |