14, Nov 2023
2025 Tax Rates And Brackets
2025 Tax Rates and Brackets
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2025 Tax Rates and Brackets
Introduction
The Internal Revenue Service (IRS) has released the 2025 tax rates and brackets, which will affect individual taxpayers for the 2025 tax year. These rates and brackets are based on the American Rescue Plan Act of 2021, which was signed into law on March 11, 2021. The new rates and brackets reflect the inflation adjustments for 2025.
Tax Brackets
The 2025 tax brackets for single filers are as follows:
Tax Bracket | Taxable Income | Marginal Tax Rate |
---|---|---|
10% | $0 – $10,875 | 10% |
12% | $10,875 – $44,725 | 12% |
22% | $44,725 – $95,375 | 22% |
24% | $95,375 – $167,100 | 24% |
32% | $167,100 – $214,300 | 32% |
35% | $214,300 – $539,900 | 35% |
37% | $539,900 and above | 37% |
The 2025 tax brackets for married couples filing jointly are as follows:
Tax Bracket | Taxable Income | Marginal Tax Rate |
---|---|---|
10% | $0 – $21,750 | 10% |
12% | $21,750 – $89,450 | 12% |
22% | $89,450 – $190,750 | 22% |
24% | $190,750 – $334,200 | 24% |
32% | $334,200 – $428,600 | 32% |
35% | $428,600 – $1,079,800 | 35% |
37% | $1,079,800 and above | 37% |
The 2025 tax brackets for heads of household are as follows:
Tax Bracket | Taxable Income | Marginal Tax Rate |
---|---|---|
10% | $0 – $16,300 | 10% |
12% | $16,300 – $54,350 | 12% |
22% | $54,350 – $112,550 | 22% |
24% | $112,550 – $190,750 | 24% |
32% | $190,750 – $269,950 | 32% |
35% | $269,950 – $539,900 | 35% |
37% | $539,900 and above | 37% |
Tax Rates
The 2025 tax rates for single filers are as follows:
Taxable Income | Tax Rate |
---|---|
$0 – $10,875 | 10% |
$10,875 – $44,725 | 12% |
$44,725 – $95,375 | 22% |
$95,375 – $167,100 | 24% |
$167,100 – $214,300 | 32% |
$214,300 – $539,900 | 35% |
$539,900 and above | 37% |
The 2025 tax rates for married couples filing jointly are as follows:
Taxable Income | Tax Rate |
---|---|
$0 – $21,750 | 10% |
$21,750 – $89,450 | 12% |
$89,450 – $190,750 | 22% |
$190,750 – $334,200 | 24% |
$334,200 – $428,600 | 32% |
$428,600 – $1,079,800 | 35% |
$1,079,800 and above | 37% |
The 2025 tax rates for heads of household are as follows:
Taxable Income | Tax Rate |
---|---|
$0 – $16,300 | 10% |
$16,300 – $54,350 | 12% |
$54,350 – $112,550 | 22% |
$112,550 – $190,750 | 24% |
$190,750 – $269,950 | 32% |
$269,950 – $539,900 | 35% |
$539,900 and above | 37% |
Standard Deduction
The standard deduction for single filers in 2025 will be $13,850. The standard deduction for married couples filing jointly in 2025 will be $27,700. The standard deduction for heads of household in 2025 will be $20,800.
Personal Exemption
The personal exemption has been eliminated for tax years after 2017.
Conclusion
The 2025 tax rates and brackets reflect the inflation adjustments for 2025. Taxpayers should use these rates and brackets to calculate their estimated tax liability for the 2025 tax year.
Closure
Thus, we hope this article has provided valuable insights into 2025 Tax Rates and Brackets. We appreciate your attention to our article. See you in our next article!
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