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Mesa Arizona IRS 1040 2022: What You Should Know

If you're in the 37% tax bracket, you'll get a refund of more than 50% of your tax (more than 2,700). For those that have a taxable income of more than 200,000, each bracket will have a flat rate, depending on your filing status (single, married filing jointly, head of household) : Tax Brackets Income Level Single Married Filing Jointly Head of Household 10% 6,350 12,100 18,350 25% 6,150 10,750 17,700 30% 5,950 8,200 15,950 35% 5,450 6,100 14,450 40% 5,100 5,550 12,100 45% 4,550 4,100 10,750 50% 3,800 3,550 8,200 55% 3,450 3,300 6,100 60% 3,100 2,950 5,550 65% 2,800 2,750 4,450 70% 2,250 2,450 2,100 75% 1,950 1,550 1,700 80% 1,450 1,400 1,250 85% 1,300 1,250 1,100 90% 1,150 1,100 1,050 95% 900 700 950 For tax years from 2023 to 2024, the state will be increasing from 10 to 13 tax brackets (3,000 to 13,000, 3,000 each to 19,050 and 6,250 to 36,450 for taxable amounts between 18,500 and 60,000). For tax years that end in 2023 and later, there will be no flat rate, and the state will have five tax brackets, each with a rate of 4.0%.

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