Federal Income Tax Rates

The New 2022 Federal Income Tax Rates

Why do Federal Income Tax Rates change each year?

It all has to do with a provision in the tax code known as indexing. Each year, the IRS adjusts tax brackets to account for inflation. 

The Internal Revenue Service (IRS) adjusts more than 60 tax provisions for inflation to prevent what is called “bracket creep.” Bracket creep occurs when people are pushed into higher income tax brackets or have reduced value from credits and deductions due to inflation, instead of any increase in real income.

The IRS used to use the Consumer Price Index (CPI) as a measure of inflation prior to 2018. However, with the Tax Cuts and Jobs Act of 2017 (TCJA), the IRS now uses the Chained Consumer Price Index (C-CPI) to adjust income thresholds, deduction amounts, and credit values accordingly.

Federal income tax rates for 2022 are shown below. Indexing has increased the income brackets by roughly 2% across the board.

2022 Federal Income Tax Rates

Here are the 2022 Federal Income Tax Rates. They are the tax brackets for your income earned in 2022 (which will be filed on your 2022 tax return due on April 2023).

Tax Rate Single Married Filing Joint Married Filing Separate Head of Household
10% Up to $10,275 Up to $20,550 Up to $10,275 Up to $14,650
12% $10,276 - $41,775 $20,551 to $83,550 $10,276 - $41,775 $14,651 - $55,900
22% $41,776 - $89,075 $83,551 to $178,150 $41,776 - $89,075 $55,901 to $89,050
24% $89,076 to $170,050 $178,151 to $340,100 $89,076 to $170,050 $89,051 to $170,050
32% $170,051 - $215,950 $340,101 to $431,900 $170,051 - $215,950 $170,051 to $215,950
35% $215,951 - $539,900 $431,901 to $647,850 $215,951 - $539,900 $215,951 to $539,900
37% Over $539,901 Over $647,851 Over $539,901 Over $539,901

2022 Standard Deduction Amount & Exemptions

Filing Status Deduction Amount
Single $12,950
Married Filing Separately $12,950
Married Filing Jointly $25,900
Head of Household $19,400
Qualifying Widow(er) $25,900

2021 Federal Income Tax Rates

Here are the 2021 Federal Income Tax Rates. They are the tax brackets for your income earned in 2021 (which will be filed on your 2021 tax return due on April 2022).

Tax Rate Single Married Filing Joint Married Filing Separate Head of Household
10% Up to $9,950 Up to $19,900 Up to $9,950 Up to $14,200
12% $9,951 – $40,525 $19,901 – $81,050 $9,951 – $40,525 $14,201 – $54,200
22% $40,526 – $86,375 $81,051 – $172,750 $40,526 – $86,375 $54,201– $86,350
24% $86,376 – $164,925 $172,751 – $329,850 $86,376– $164,925 $86,351 – $164,900
32% $164,926 – $209,425 $329,851 – $418,850 $164,926 – $209,425 $164,901 – $209,400
35% $209,426 – $523,600 $418,851 – $628,300 $209,426 – $314,150 $209,401 – $523,600
37% Over $523,601 Over $628,301 Over $314,151 Over $523,601

2021 Standard Deduction Amount & Exemptions

Filing Status Deduction Amount
Single $12,550
Married Filing Separately $12,550
Married Filing Jointly $25,100
Head of Household $18,800
Qualifying Widow(er) $25,100

2020 Federal Income Tax Rates

Here are the 2020 Federal Income Tax Rates. They are the tax brackets for your income earned in 2020 (which will be filed on your 2020 tax return due on April 2021).

Tax Rate Single Married Filing Joint Married Filing Separate Head of Household
10% Up to $9,875 Up to $19,750 Up to $9,875 Up to $14,100
12% $9,875 – $40,125 $19,751 – $80,250 $9,875 – $40,125 $14,101 – $53,700
22% $40,126 – $85,525 $80,251 – $171,050 $40,126 – $85,525 $53,701 – $85,500
24% $85,526 – $163,300 $171,051 – $326,600 $85,526 – $163,300 $85,501 – $163,300
32% $163,301 – $207,350 $326,601 – $414,700 $163,301 – $207,350 $163,301 – $207,350
35% $207,351 – $518,400 $414,701 – $622,050 $207,351 – $518,400 $207,351 – $518,400
37% Over $518,401 Over $622,051 Over $311,026 Over $518,401

2020 Standard Deduction Amount & Exemptions

Filing Status Deduction Amount
Single $12,400
Married Filing Separately $12,400
Married Filing Jointly $24,800
Head of Household $18,650
Qualifying Widow(er) $24,800

Earned Income Credit Table for 2020 Income Limits & Maximum Amounts

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See the earned income and adjusted gross income (AGI) limits

Filing Status No Qualifying Children 1 Qualifying Child 2 Qualifying Children 3+ Qualifying Children
Single, Head of Household, or Widowed $15,820 $41,756 $47,440 $50,594
Married Filing Jointly $21,710 $47,646 $53,330 $56,844

Maximum Credit Amounts
The EITC maximum credit amounts for 2020 are:

  • $6,660 with three or more qualifying children
  • $5,920 with two qualifying children
  • $3,584 with one qualifying child
  • $538 with no qualifying children.


2019 Federal Income Tax Rates

Here are the 2019 tax brackets. They are the tax brackets for your income earned in 2019 (which will be filed on your 2019 tax return due on the tax deadline in 2020).

Tax Rate Single Married Filing Joint Married Filing Separate Head of Household
10% Up to $9,700 Up to $19,400 Up to $9,700 Up to $13,850
12% $9,701-$39,475 $19,401-$78,950 $9,701-$39,475 $13,851 -$52,850
22% $39,476-$84,200 $78,951-$168,400 $39,476-$84,200 $52,851-$84,200
24% $84,201-$160,725 $168,401-$321,450 $84,201-$160,725 $84,201-$160,700
32% $160,726-$204,100 $321,451-$408,200 $160,726-$204,100 $160,701-$204,100
35% $204,101-$510,300 $408,201-$612,350 $204,101-$306,175 $204,101-$510,300
37% Over $510,301 Over $612,351 Over $306,176 Over $510,301

2019 Standard Deduction Amount & Exemptions

Filing Status Deduction Amount
Single $12,200
Married Filing Separately $12,200
Married Filing Jointly $24,400
Head of Household $18,350
Qualifying Widow(er) $24,400

Earned Income Credit Table for 2019 Income Limits & Maximum Amounts

See the earned income and adjusted gross income (AGI) limits

Filing Status No Qualifying Children 1 Qualifying Child 2 Qualifying Children 3+ Qualifying Children
Single, Head of Household, or Widowed $15,570 $41,094 $46,703 $50,162
Married Filing Jointly $21,370 $46,884 $52,493 $55,952

The EITC maximum credit amounts for 2019 are:

  • $6,557 with three or more qualifying children
  • $5,828 with two qualifying children
  • $3,526 with one qualifying child
  • $529 with no qualifying children


2018 Federal Income Tax Rates

Here are the 2018 tax brackets. They are the tax brackets for your income earned in 2018 (which will be filed on your 2018 tax return due on the tax deadline in 2019).

Tax Rate Single Married Filing Joint Married Filing Separate Head of Household
10% Up to $9,525 Up to $19,050 Up to $9,525 Up to $13,600
12% $9,526-$38,700 $19,051-$77,400 $9,526-$38,700 $13,601-$51,800
22% $38,701-$82,500 $77,401-$165,000 $38,701-$82,500 $51,801-$82,500
24% $82,501-$157,500 $165,001-$315,000 $82,501-$157,500 $82,501-$157,500
32% $157,501-$200,000 $315,001-$400,000 $157,501-$200,000 $157,501-$200,000
35% $200,001-$500,000 $400,001-$600,000 $200,001-$300,000 $200,001-$500,000
37% Over $500,000 Over $600,000 Over $300,000 Over $500,000


Earned Income Credit Table for 2018 Income Limits & Maximum Amounts

See the earned income and adjusted gross income (AGI) limits

Filing Status No Qualifying Children 1 Qualifying Child 2 Qualifying Children 3+ Qualifying Children
Single, Head of Household, or Widowed $15,270 $40,320 $45,802 $49,194
Married Filing Jointly $20,950 $46,010 $51,492 $54,884

The EITC maximum credit amounts for 2018 are:

  • $6,431 with three or more qualifying children
  • $5,716 with two qualifying children
  • $3,461 with one qualifying child
  • $519 with no qualifying children
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