| Tax rates | 2022 tax brackets | Amount of your income taxed at this rate | Tax liability (rounded to the nearest dollar) |
|---|---|---|---|
| 10% | $0 to $10,275 | $10,275 | $1,028 |
| 12% | $10,276 to $41,775 | $31,500 | $3,780 |
| 22% | $41,776 to $89,075 | $25,275 | $5,561 |
|
Taxable income: $67,050
|
Total tax liability: $10,369
|
This example is for illustrative purposes only and should not be considered tax advice. Though the example uses 2022 tax rates and rules for single filers in the 22% tax bracket, the methodology of the calculation does not change for other tax years. For current tax rates and rules that apply to your specific situation, go to www.irs.gov.
