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Thread: Tax brackets for 2023

  1. #1

    Default Tax brackets for 2023

    IRS: Here are the new income tax brackets for 2023


    Marginal tax brackets for tax year 2023, married filing jointly

    The table shows the income brackets for married couples filing jointly for the 2023 tax year.

    Table with 2 columns and 7 rows. Currently displaying rows 1 to 7.

    Taxable income Taxes owed
    $22,000 or less 10% of the taxable income
    $22,001 to $89,450 $2,200 plus 12% of amount over $22,000
    $89,451 to $190,750 $10,294 plus 22% of amount over $89,450
    $190,751 to $364,200 $32,580 plus 24% of amount over $190,750
    $364,201 to $462,500 $74,208 plus 32% of amount over $364,200
    $462,501 to $693,750 $105,664 plus 35% of amount over $462,500


    https://www.cnbc.com/2022/10/19/irs-...-for-2023.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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  3. #2

    Join Date
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    Boiled Peanut, Georgia, USA
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    Default Re: Tax brackets for 2023

    What is it for 2022?



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  5. #3

    Default Re: Tax brackets for 2023

    I believe it's 0% for you, Norman, but you better confirm that with your accountant.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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