The following income tax rates and income thresholds for 2025 are:
TAXABLE INCOME | |||||
Tax Rate | Single | Married Filing Jointly Including Qualifying Widow(er) with Dependent Child | Married Filing Separately | Head of Household | |
10% | $0-$11,925 | $0-$23,850 | $0-$11,925 | $0-$17,000 | |
12% | $11,925-$48,475 | $23,850-96,950 | $11,925-$48,475 | $17,000-$64,850 | |
22% | $48,475-$103,350 | $96,950-$206,700 | $48,475-$103,350 | $64,850-$103,350 | |
24% | $103,350-$197,300 | $206,700-$394,600 | $103,350-$197,300 | $103,350-$197,300 | |
32% | $197,300-$250,525 | $394,600-$501,050 | $197,300-$250,525 | $197,300-$250,500 | |
35% | $250,525-$626,350 | $501,050-$751,600 | $250,525-$375,800 | $250,500-$626,350 | |
37% | Over $626,350 | Over $751,600 | Over $375,800 | Over $626,350 |
These rates are set to expire after 2025, and are adjusted for inflation for tax years beginning after 2018.
The following income tax rates and income thresholds for 2024.1 are:
Taxable Income | |||||
Tax Rate | Single | Married Filing Jointly Including Qualifying Widow(er) with Dependent Child | Married Filing Separately | Head of Household | |
10% | $0 to $11,600 | $0 to $23,200 | $0 to $11,600 | $0 to $16,550 | |
12% | $11,600-$47,150 | $23,200-$94,300 | $11,600-$47,150 | $16,550-$63,100 | |
22% | $47,150-$100,525 | $94,300-$201,050 | $47,150-$100,525 | $63,100-$100,500 | |
24% | $100,525-$191,950 | $201,050-$383,900 | $100,525-$191,950 | $100,500-$191,950 | |
32% | $191,950-$243,725 | $383,900-$487,450 | $191,950-$243,725 | $191,950-$243,700 | |
35% | $243,725-$609,350 | $487,450-$731,200 | $243,725-$365,600 | $243,700-$609,350 | |
37% | Over $609,350 | Over $731,200 | Over $365,600 | Over $609,350 |