There are seven tax brackets for most ordinary income for the 2020 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%.
Your tax bracket depends on your taxable income and your filing status: single, married filing jointly or qualifying widow(er), married filing separately and head of household. Generally, as you move up the pay scale, you also move up the tax scale.
Tax rate | Single | Head of household | Married filing jointly or qualifying widow | Married filing separately |
---|---|---|---|---|
Source: IRS | ||||
10% | $0 to $9,875 | $0 to $14,100 | $0 to $19,750 | $0 to $9,875 |
12% | $9,876 to $40,125 | $14,101 to $53,700 | $19,751 to $80,250 | $9,876 to $40,125 |
22% | $40,126 to $85,525 | $53,701 to $85,500 | $80,251 to $171,050 | $40,126 to $85,525 |
24% | $85,526 to $163,300 | $85,501 to $163,300 | $171,051 to $326,600 | $85,526 to $163,300 |
32% | $163,301 to $207,350 | $163,301 to $207,350 | $326,601 to $414,700 | $163,301 to $207,350 |
35% | $207,351 to $518,400 | $207,351 to $518,400 | $414,701 to $622,050 | $207,351 to $311,025 |
37% | $518,401 or more | $518,401 or more | $622,051 or more | $311,026 or more |