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Tax Rates

Year

2023 Tax Rates

IF TAXABLE INCOME IS:THE TAX IS:
$0 to $11,00010% of taxable income
$11,000 to $44,725$1,100 + 12% of the amount over $11,000
$44,725 to $95,375$5,147 + 22% of the amount over $44,725
$95,375 to $182,100$16,290 + 24% of the amount over $95,375
$182,100 to $231,250$37,104 + 32% of the amount over $182,100
$231,250 to $578,125$52,832 + 35% of the amount over $231,250
Over $578,125$174,238.25 + 37% of the amount over $578,125
IF TAXABLE INCOME IS:THE TAX IS:
$0 to $15,70010% of taxable income
$15,700 to $59,850$1,570 + 12% of the amount over $15,700
$59,850 to $95,350$6,868 + 22% of the amount over $59,850
$95,350 to $182,100$14,678 + 24% of the amount over $95,350
$182,100 to $231,250$35,498 + 32% of the amount over $182,100
$231,250 to $578,100$51,226 + 35% of the amount over $231,250
Over $578,100$172,623.50 + 37% of the amount over $578,100
IF TAXABLE INCOME IS:THE TAX IS:
$0 to $22,00010% of taxable income
$22,000 to $89,450$2,200 + 12% of the amount over $22,000
$89,450 to $190,750$10,294 + 22% of the amount over $89,450
$190,750 to $364,200$32,580 + 24% of the amount over $190,750
$364,200 to $462,500$74,208 + 32% of the amount over $364,200
$462,500 to $693,750$105,664 + 35% of the amount over $462,500
Over $693,750$186,601.50 + 37 % of the amount over $693,750
IF TAXABLE INCOME IS:THE TAX IS:
Not over $11,00010% of taxable income
$11,000 to $44,725$1,100 + 12% of the amount over $11,000
$44,725 to $95,375$5,147 + 22% of the amount over $44,725
$95,375 to $182,100$16,290 + 24% of the amount over $95,375
$182,100 to $231,250$37,104 + 32% of the amount over $182,100
$231,250 to $346,875$52,832 + 35% of the amount over $231,250
Over $346,875$93,300.75 + 37% of the amount over $346,875
Standard Mileage Rate
USERATE
Business65.5 cents
Medical Care or Move22 cents
Charitable14 cents

2022 Tax Rates

IF TAXABLE INCOME IS: THE TAX IS:
$0 to $10,275 10% of taxable income
$10,275 to $41,775 $1,027.50 + 12% of the amount over $10,275
$41,775 to $89,075 $4,807.50 + 22% of the amount over $41,775
$89,075 to $170,050 $15,213.50 + 24% of the amount over $89,075
$170,050 to $215,950 $34,647.50 + 32% of the amount over $170,050
$215,950 to $539,900 $49,335.50 + 35% of the amount over $215,950
Over $539,900 $162,718 + 37% of the amount over $539,900

IF TAXABLE INCOME IS:THE TAX IS:
$0 to $14,65010% of taxable income
$14,650 to $55,900$1,465 + 12% of the amount over $14,650
$55,900 to $89,050$6,415 + 22% of the amount over $55,900
$89,050 to $170,050$13,708 + 24% of the amount over $89,050
$170,050 to $215,950$33,148 + 32% of the amount over $170,050
$215,950 to $539,900$47,836 + 35% of the amount over $215,950
Over $539,900$161,218.50 + 37% of the amount over $539,900
IF TAXABLE INCOME IS: THE TAX IS:
$0 to $20,550 10% of taxable income
$20,550 to $83,550 $2,055 + 12% of the amount over $20,550
$83,550 to $178,150 $9,615 + 22% of the amount over $83,550
$178,150 to $340,100 $30,427 + 24% of the amount over $178,500
$340,100 to $431,900 $69,295 + 32% of the amount over $340,100
$431,900 to $647,850 $98,671 + 35% of the amount over $431,900
Over $647,850 $174,253.50 + 37% of the amount over $647,850
IF TAXABLE INCOME IS:THE TAX IS:
$0 to $9,70010% of taxable income
$9,700 to $39,475$970.00 + 12% of the amount over $9,700
$39,475 to $84,200$4,543.00 + 22% of the amount over $39,475
$84,200 to $160,725$14,382.50 + 24% of the amount over $84,200
$160,725 to $204,100$32,748.50 + 32% of the amount over $160,725
$204,100 to $306,175$46,628.50 + 35% of the amount over $204,100
Over $306,175$82,354.75 + 37% of the amount over $306,175
Standard Mileage Rate
USERATE
BusinessFor January 1 through June 30 of this year, the rate is set at 58.5 cents per mile. The rate will then rise to 62.5 cents per mile for the period from July 1 through December 31.
Medical Care or Move18 cents
Charitable14 cents

2021 Tax Rates

IF TAXABLE INCOME IS:THE TAX IS:
$0 to $9,95010% of taxable income
$9,950 to $40,525$995 + 12% of the amount over $9,950
$40,525 to $86,375$4,664 + 22% of the amount over $40,525
$86,375 to $164,925$14,751 + 24% of the amount over $86,375
$164,925 to $209,425$33,603 + 32% of the amount over $164,925
$209,425 to $523,600$47,843 + 35% of the amount over $209,425
Over $523,600$157,804.25 + 37% of the amount over $523,600
IF TAXABLE INCOME IS:THE TAX IS:
$0 to $14,20010% of taxable income
$14,200 to $54,200$1,420 + 12% of the amount over $14,200
$54,200 to $86,350$6,220 + 22% of the amount over $54,200
$86,350 to $164,900$13,293 + 24% of the amount over $86,350
$164,900 to $209,400$32,145 + 32% of the amount over $164,900
$209,400 to $523,600$46,385 + 35% of the amount over $209,400
Over $523,600$156,355 + 37% of the amount over $523,600
IF TAXABLE INCOME IS:THE TAX IS:
$0 to $19,90010% of taxable income
$19,900 to $81,050$1,990 + 12% of the amount over $19,900
$81,050 to $172,750$9,328 + 22% of the amount over $81,050
$172,750 to $329,850$29,502 + 24% of the amount over $172,750
$329,850 to $418,850$67,206 + 32% of the amount over $329,850
$418,850 to $628,300$95,686 + 35% of the amount over $418,850
Over $628,300$168,993.50 + 37% of the amount over $628,300
IF TAXABLE INCOME IS:THE TAX IS:
$0 to $9,95010% of taxable income
$9,950 to $40,525$995 + 12% of the amount over $9,950
$40,525 to $86,375$4,664 + 22% of the amount over $40,525
$86,375 to $164,925$14,751 + 24% of the amount over $86,375
$164,925 to $209,425$33,603 + 32% of the amount over $164,925
$209,425 to $314,150$47,843 + 35% of the amount over $209,425
Over $314,150$84,496.75 + 37% of the amount over $314,150
Standard Mileage Rate
USERATE
Business56 cents
Medical Care or Move16 cents
Charitable14 cents

2020 Tax Rates

IF TAXABLE INCOME IS:THE TAX IS:
$0 to $9,87510% of taxable income
$9,875 to $40,125$987.50 + 12% of the amount over $9,875
$40,125 to $85,525$4,617.50 + 22% of the amount over $40,125
$85,525 to $163,300$14,605.50 + 24% of the amount over $85,525
$163,300 to $207,350$33,271.50 + 32% of the amount over $163,300
$207,350 to $518,400$47,367.50 + 35% of the amount over $207,350
Over $518,400$156,235 + 37% of the amount over $518,400
IF TAXABLE INCOME IS:THE TAX IS:
$0 to $14,10010% of taxable income
$14,100 to $53,700$1,410 + 12% of the amount over $14,100
$53,700 to $85,500$6,162 + 22% of the amount over $53,700
$85,500 to $163,300$13,158 + 24% of the amount over $85,500
$163,300 to $207,350$31,830 + 32% of the amount over $163,300
$207,350 to $518,400$45,926 + 35% of the amount over $207,350
Over $518,400$154,793.50 + 37% of the amount over $518,400
IF TAXABLE INCOME IS:THE TAX IS:
$0 to $19,75010% of taxable income
$19,750 to $80,250$1,975 + 12% of the amount over $19,750
$80,250 to $171,050$9,235 + 22% of the amount over $80,250
$171,050 to $326,600$29,211 + 24% of the amount over $171,050
$326,600 to $414,700$66,543 + 32% of the amount over $326,600
$414,700 to $622,050$94,735 + 35% of the amount over $414,700
Over $622,050$167,307.50 + 37% of the amount over $622,050
IF TAXABLE INCOME IS: THE TAX IS:
$0 to $9,875 10% of taxable income
$9,875 to $40,125 $987.50 + 12% of the amount over $9,875
$40,125 to $85,525 $4,617.50 + 22% of the amount over $40,125
$85,525 to $163,300 $14,605.50 + 24% of the amount over $85,525
$163,300 to $207,350 $33,271.50 + 32% of the amount over $163,300
$207,350 to $311,025 $47,367.50 + 35% of the amount over $207,350
Over $311,025 $83,653.75 + 37% of the amount over $311,025
Standard Mileage Rate
USERATE
Business57.5 cents
Medical Care or Move17 cents
Charitable14 cents