Married/joint	single/ or married filing single	single head of household
$25,900	$12,950	$19,400

2022 Federal Income Tax Brackets and Rates for Single Filers, Married Couples Filing Jointly, and Heads of Households

	single	married/joint	single head of household
10%	0 - 10,275	0 - 20,550	0 - 14,650
12%	10,275 - 41,775	20,550 - 83,550	14,650 - 55,900
22%	41,775 - 89,075	83,550 - 178,150	55,900 - 89,050
24%	89,075 - 170,050	178,150 - 340,100	89,050 - 170,50
32%	170,050 - 215,950	340,100 - 431,900	170,050 - 215,950
35%	215,950 - 539,900	431,900 - 647,850	215,950 - 539,900
37%	539,900 or above	647,850 or above	539,900 or above

1. What is the highest marginal tax level?

2. In words, if you are in the 37% marginal tax bracket, are you paying 37% in income taxes?

3. How much would you pay in income tax if you file as single and have an income of $72,000? Check this against the table for difference Calculate the taxes you owe

4. How much would you pay in income tax if you file as married and have an income of $34,000? Calculate the taxes you owe and find the ratio with your taxable income as the denominator. What rate are you actually taking?

5. How much would you pay in income tax if you file as single and have an income of $272,000? Calculate the taxes you owe.

6. A married couple decided to check which way would cause the lesser tax burden. a. Filing jointly $132, 000 b. filing separately one spouse earns $100,000 other $32,000? c. Filing separately, each earning $ 66,000 d. Which makes the best deal?

7. A married couple has a $600, 000 income. Calculate their taxes Find their actual tax rate (out of taxable income)