There are seven income tax rates and brackets, ranging from 10% to 37%. Find out what federal income tax bracket(s) you're in, how tax rates work and what you can do to cut your tax bill.
The current gap between US federal spending and tax revenue is larger than ever outside of major war or crisis. Federal spending is significantly higher than the historical norm, while revenue remains ...
Remember: We're talking about federal tax. State tax rates and amounts due, if any, will vary. The chart below shows estimates of how much of your income would be taxed at each rate. Take another ...
I cover changes and new developments in the federal tax ... highest individual income tax rate moving from 37% to 39.6%. For a list of TCJA sunsetting provisions, see the chart below.