2022 Tax Rate Schedules
IndividualsSchedule X-Single
| If taxable income is over: | But not over: | The tax is: |
|---|---|---|
| $ 0 | $ 10,275 | 10% of taxable income |
| $ 10,275 | $ 41,775 | $1,027.50 plus 12% of the excess over $10,275 |
| $ 41,775 | $ 89,075 | $4,807.50 plus 22% of the excess over $41,775 |
| $ 89,075 | $ 170,050 | $15,213.50 plus 24% of the excess over $89,075 |
| $ 170,050 | $ 215,950 | $34,647.50 plus 32% of the excess over $170,050 |
| $ 215,950 | $ 539,900 | $49,335.50 plus 35% of the excess over $215,950 |
| $ 539,900 | — | $162,718 plus 37% of the excess over $539,900 |
Schedule Y-1-Married Filing Jointly or Qualifying Widow(er)
| If taxable income is over: | But not over: | The tax is: |
|---|---|---|
| $ 0 | $ 20,550 | 10% of taxable income |
| $ 20,550 | $ 83,550 | $2,055 plus 12% of the excess over $20,550 |
| $ 83,550 | $ 178,150 | $9,615 plus 22% of the excess over $83,550 |
| $ 178,150 | $ 340,100 | $30,427 plus 24% of the excess over $178,150 |
| $ 340,100 | $ 431,900 | $69,295 plus 32% of the excess over $340,100 |
| $ 431,900 | $ 647,850 | $98,671 plus 35% of the excess over $431,900 |
| $ 647,850 | — | $174,253.50 plus 37% of the excess over $647,850 |
Schedule Z-Head of Household
| If taxable income is over: | But not over: | The tax is: |
|---|---|---|
| $ 0 | $ 14,650 | 10% of taxable income |
| $ 14,650 | $ 55,900 | $1,465 plus 12% of the excess over $14,650 |
| $ 55,900 | $ 89,050 | $6,415 plus 22% of the excess over $55,900 |
| $ 89,050 | $ 170,050 | $13,708 plus 24% of the excess over $89,050 |
| $ 170,050 | $ 215,950 | $33,148 plus 32% of the excess over $170,050 |
| $ 215,950 | $ 539,900 | $47,836 plus 35% of the excess over $215,950 |
| $ 539,900 | — | $161,218.50 plus 37% of the excess over $539,900 |
Schedule Y-2-Married Filing Separately
| If taxable income is over: | But not over: | The tax is: |
|---|---|---|
| $ 0 | $ 10,275 | 10% of taxable income |
| $ 10,275 | $ 41,775 | $1,027.50 plus 12% of the excess over $10,275 |
| $ 41,775 | $ 89,075 | $4,807.50 plus 22% of the excess over $41,775 |
| $ 89,075 | $ 170,050 | $15,213.50 plus 24% of the excess over $89,075 |
| $ 170,050 | $ 215,950 | $34,647.50 plus 32% of the excess over $170,050 |
| $ 215,950 | $ 323,925 | $49,335.50 plus 35% of the excess over $215,950 |
| $ 323,925 | — | $87,126.75 plus 37% of the excess over $323,925 |
Tax Rates for Net Capital Gains and Qualified Dividends
| Rate* | Taxable Income | ||||
|---|---|---|---|---|---|
| Married Filing Jointly | Married Filing Separately | Single | Head of Household | Trusts and Estates | |
| 0% | $0 – $83,350 | $0 – $41,675 | $0 – $41,675 | $0 – $55,800 | $0 – $2,800 |
| 15% | $83,351 – $517,200 | $41,676 – $258,600 | $41,676 – $459,750 | $55,801 – $488,500 | $2,801 – $13,700 |
| 20% | $517,201+ | $258,601+ | $459,751+ | $488,501+ | $13,701+ |
*This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (net capital gains and qualified dividends are included in taxable income last for this purpose).
Question 1: