Get IRS 1040 Tax Table 2022-2024

Federal income tax returns for 2023 are due by April 15, 2024, or October 15, 2024, with a tax extension. There are seven tax rates: 10%, 12%, 22%, 24%, 32%, 35% and 37%. The income thresholds for the 2023 tax brackets were adjusted significantly — up about 7% — from 2022 due to record-high inflation.

To help individuals calculate their income taxes, the Internal Revenue Service publishes tax tables each year in the instructions to your tax return and in IRS Publication 17.

The IRS 1040 form is one of the official documents that U.S. taxpayers use to file their annual income tax return. The 1040 form is divided into sections where you report your income and deductions to determine the amount of tax you owe or the refund you can expect to receive.

Head of Household If taxable income is over:but not over:the tax is:$0$15,70010% of the amount over $0$15,700$59,850$1,570 plus 12% of the amount over $15,700$59,850$95,350$6,868 plus 22% of the amount over $59,850$95,350$182,100$14,678 plus 24% of the amount over $95,3503 more rows • Dec 18, 2023

For both 2023 and 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%.

Here's how to calculate the sales tax on an item or service: Know the retail price and the sales tax percentage. Divide the sales tax percentage by 100 to get a decimal. Multiply the retail price by the decimal to calculate the sales tax amount.