National Insurance and Tax Service

2022 Income Tax Brackets and Rates


Internal revenue service (IRS) regulates more than 60 tax reservations for inflation to stop bracket creep on a yearly basis. It happens when people are shoved into high-rise tax brackets or have lessened value from deductions and credits because of inflation rather than an increase in real earnings. Till 2018, IRS used to use Consumer Price Index (CPI) to calculate inflation. 

But now Internal Revenue Service used the Chained Consumer Price (C-CPI) to maintain defection amounts, credit values and income thresholds. The new inflation adaptations are for the tax year 2022. Taxpayers will file taxes paid back in 2023 timely.

2022 Federal Income tax rates and brackets

In 2022, the income controls for all the filers and tax brackets will be maintained for inflation and will be mentioned below. In 2022 there are 7 Federal Income Tax Rates such as ten percent (10%), Twelve percent (12%), Twenty-two percent (22%), Twenty-four percent (24%), Thirty-two percent (32%), Thirty-five percent (35%) and thirty-seven percent (37%). The top income tax rate of 37% will pummel taxpayers with taxable pay above $647,850 for married filing jointly and $539,900 for single filers.

1. Tax Brackets as Per Filing Status


2022 Tax Brackets for married couples, heads of household, and single filers are mentioned below.

For singles:

For single filers, tax rate for range $0 to $ 10,275 is 10%. Tax rate for range $10,275 to $41,775 is 20%. Similarly, the value of tax rate for the range of $41,775 to $539,900 or more is in between 22% and 37%.

For Married Filing Jointly:

For married couples filing jointly returns, the tax rate for income between $0 and $20,550 is 10%. For range $20,550 – $83,550, tax rate value is 12%. For income $83,550 to $178,150. 22% tax is levied. And for $178,150 to $674,850 or more, the tax rate range is from 24% to 37%.

For Heads of Households:

For Heads of the households, the value of the 2022 tax rate from $0 to $539,900 or more is between 10% and 37%.

For your ease, we have tabulated all the tax rates for 2022:

2022 Tax RateHeads of HouseholdsMarried Individuals Filing JointlySingle
10%$0 to $14,650$0 to $20,550$0 to $10,275
$14,650 to $55,900
$20,550 to $83,550$10,275 to $41,775
22$55,900 to $89,050$83,550 to $178,150$41,775 to $89,075
24$89,050 to $170,050$178,150 to $340,100$89,075 to $170,050
32$170,050 to $215,950$340,100 to $431,900$170,050 to $215,950
35$215,950 to $539,900$431,900 to $647,850$215,950 to $539,900
37$539,900 or more$647,850 or more$539,900 or more

2. 2022 Standard Deduction and Personal Exemption

Tax Deduction
2022 Tax Deduction Rate

Standard Deduction:

The value of the 2022 Standard Deduction increased by $800 for joint filers and by $400 for single individuals. 

1. For single:

The Deduction amount for a single filer is $12,950.

2. For married filing jointly:

The Deduction amount for married couples is $25,900.

3. For heads of households:

The Deduction amount for heads of households is $19,400.

Filing StatusDeduction Amount
For single$12,950
Married filing jointly$25,900
Heads of households$19,400

Personal exemption:

The Personal Exemption remains unchanged for the year 2022 with $0.

3. 2022 Alternative Minimum Tax (AMT)

In 1960, the Alternative Minimum Tax (ATM) was created to stop the high-income taxpayer from circumventing the individual income tax. 

This side-by-side income tax system needs high-income taxpayers to measure their tax bills twice. Once under the AMT and the second time under the normal tax system. Another definition of taxable income used by AMT is called Alternative Minimum Taxable Income (AMIT).

To stop middle and low-income taxpayers from being put through the AMT, Native are permitted to be free from a remarkable amount of their wages from AMTI. So, the AMT was imposed at two rates: 26% and 28%.

AMT Exemption Rates:

For single:

For single filers, the exemption amount is $75,900.

For married couples filing jointly:

For married couples, the exemption amount is $ 118,100.

In 2022, the 28% Alternative minimum tax rate put into surplus AMTI of $206,100 for all inhabitants.

AMT phaseout thresholds for single and married filing jointly is $539,900 and $1079,800, respectively.

4. 2022 Earned Income Tax Credit (EITC)

If the filer has no children, then the maximum value of Earned Income Tax Credit (EITC) in the year 2022 for a joint and single filer is $ 560.

For singles or heads of households:

Married Filing Jointly:

For married couples, the “maximum credit” in the case of one, two, three or more children is also $3,733, $6,164 and $ 6,935, respectively. 

Detailed Earned Income Tax Credit for 2022 is given in table:

For Singles or Heads of Households
No ChildrenOne ChildTwo ChildrenThree or more Children
Income at Max Credit$7,320$10,980$15,410$15,410
Max Credit$560$3,733$6,164$6,935
Phaseout Begins$9,160$20,130$20,130$20,130
Phaseout Ends$16,480$43,492$49,399$53,057
Married Filing Jointly
No ChildrenOne ChildTwo ChildrenThree or more Children
Income at Max Credit$7,320$10,980$15,410$15,410
Max Credit$560$3,733$6,164$6,935
Phaseout Begins$15,920$26,260$26,260$26,260
Phaseout Ends$22,610$49,622$55,529$59,187

5. 2022 Child Tax Credit

The maximum amount of Child Tax Credit is $2,000 per certified child and is not modified for inflation. The child tax credit reimbursement portion is modified for inflation and will enhance from $1,400 to $1,500 for the year 2022.

6. 2022 Qualified Business Income Deduction

20% subtraction for pass-through business is included by Tax Cuts and Job Acts of 2017 (TCJA).

For unmarried individuals:

For singles, the income deduction threshold is $170,050.

For married filing jointly:

For married filing jointly, the income deduction threshold is $340,100.

We hope that the data we collected about 2022 Tax Rates and Brackets will be helpful for you. In case of any confusion or assistance in your tax-related tasks, you can contact us any time. Our advisors at myNITS are available at your bell and call to serve you.  

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