Corporate Taxation and U.S. Federal Tax Rates

U.S. Federal Tax – Individuals (2023)

This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.

Single individual
$11,000 or less	10% of taxable income
$11,001 – $44,725	$1,100 + 12% on next $33,725
$44,726 – $95,375	$5,147 + 22% on next $50,650
$95,376 – $182,100	$16,290 + 24% on next $86,725
$182,101 – $231,250	$37,104 + 32% on next $49,150
$231,251 – $578,125	$52,832 + 35% on next $346,875
$578,126 or more	$174,238 + 37% on excess
Single individual, head of household
$15,700 or less	10% of taxable income
$15,701 – $59,850	$1,570 + 12% on next $44,150
$59,851 – $95,350	$6,868 + 22% on next $35,500
$95,351 – $182,100	$14,678 + 24% on next $86,750
$182,101 – $231,250	$37,104 + 32% on next $49,150
$231,251 – $578,100	$51,226 + 35% on next $346,850
$578,101 or more	$172,623 + 37% on excess
Married individuals who file individual returns
$11,000 or less	10% of taxable income
$11,001 – $44,725	$1,100 + 12% on next $33,725
$44,726 – $95,375	$5,147 + 22% on next $50,650
$95,376 – $182,100	$16,290 + 24% on next $86,725
$182,101 – $231,250	$37,104 + 32% on next $49,150
$231,251 – $346,875	$52,832 + 35% on next $115,625
$346,876 or more	$93,301 + 37% on excess
Married individuals who file joint return and surviving spouses
$22,000 or less	10% of taxable income
$22,001 – $89,450	$2,200 + 12% on next $67,450
$89,451 – $190,750	$10,294 + 22% on next $101,300
$190,751 – $364,200	$32,580 + 24% on next $173,450
$364,201 – $462,500	$74,208 + 32% on next $98,300
$462,501 – $693,750	$105,664 + 35% on next $231,250
$693,751 or more	$186,602 + 37% on excess