Tax Year 2023
2023 Federal Tax Brackets
Married Filing Jointly filing status
Income Tax Brackets
These are marginal rates — each rate applies only to income within that range.
| Tax Rate | Income Range | Tax on Bracket |
|---|---|---|
| 10% | $0 – $22,000 | $2,200 |
| 12% | $22,000 – $89,450 | $8,094 |
| 22% | $89,450 – $190,750 | $22,286 |
| 24% | $190,750 – $364,200 | $41,628 |
| 32% | $364,200 – $462,500 | $31,456 |
| 35% | $462,500 – $693,750 | $80,938 |
| 37% | $693,750 and above | — |
“Tax on bracket” is the maximum federal tax owed within that bracket only.
Standard Deduction (2023)
For married filing jointly filers in 2023, the standard deduction is $27,700. This amount is subtracted from your gross income before applying the brackets above. Most filers take the standard deduction rather than itemizing.
How brackets work
US income tax is progressive — only the income within each bracket is taxed at that rate. If your taxable income is $89,450 (the start of the 22% bracket), the first $22,000 is still taxed at 10%, the next portion at 12%, and only the amount above $89,450 at 22%.
To estimate your actual tax bill with deductions, credits, and state taxes, use the Kalkfin Tax Calculator.