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Understanding Marginal Income 税 Brackets

By any measure, the tax code is huge. It is over 2,000 pages long, and even longer with footnotes.1

几乎每周一次, the Internal Revenue Service publishes a 20- to 50-page bulletin about various aspects of the tax code.2

幸运的是, it's not necessary to wade through these massive libraries to get a basic understanding of how income taxes work. Knowing a few key concepts may provide a solid foundation.

One of the key concepts is marginal income tax brackets.

税payers pay the tax rate in a given bracket only for that portion of their overall income that falls within that bracket's range.

税收工作

Seeing how marginal income tax brackets work is helpful because it shows the progressive nature of income taxes. It also helps you visualize how your total tax rate can be calculated. But remember, this material is not intended as tax or legal advice. Please consult a tax professional for specific information regarding your individual situation.

How Federal Income 税 Brackets Work

Say a married couple, filing jointly for the 2023 tax year, had a taxable income of $200,000. Each dollar over $190,750 – or $9,250 – would fall into the 24% federal income tax bracket. However, the couple's total federal tax would be $34,800 – about 17.4% of their adjusted gross income.

This is a hypothetical example used for illustrative purposes only. 它假定不适用税收抵免.

2023年联邦所得税等级

Your federal income tax bracket is determined by two factors: your total income and your tax-filing classification.

2023纳税年度, there are seven tax brackets for ordinary income – ranging from 10% to 37% – and four classifications: single, 已婚人士共同申报, 已婚人士分开归档, 以及一家之主.3

1. Investopedia.2022年3月8日
2. 国税局.政府,2023
3. 国税局.政府,2023

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by 消费品套件 to provide information on a topic that may be of interest. 消费品套件 is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. 所表达的意见和 material provided are for general information, and should not be considered a solicitation for the purchase or 出售任何证券. 版权 消费品套件.

 

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