Personal income tax rates for individuals in America for the year 2023

The IRS has released the 2023 income rates and brackets updated according to the cost-of-living index

Income brackets and rates for the taxation of personal income in America earned during 2023 are as follows:

Rates	Single Taxpayer	Couple   Filing Jointly
37%	$578,125	$693,750
35%	$231,250	$462,500
32%	$182,100	$364,200
24%	$95,375	$190,750
22%	$44,725	$89,450
12%	$11,001	$22,001
10%	Up to $11,000	Up to $22,000

Example of federal income tax calculation for a single taxpayer who earned a taxable income in America in 2023 of $100,000:

• $0 to $11,000 tax bracket: 10% tax rate
• $11,001 to $44,725: 12%
• $44,726 to $95,375: 22%
• $95,376 to $100,000: 24%

Flat Income Deductions for the Year 2023

The IRS also released the flat-rate deductions for 2023 [Standard Deduction] updated to America's cost of living index:

Couple filing jointly	$27,700 (+ $1,800)
Single taxpayer	$13,850 (+ $900)

The rates and brackets shown on this page refer to federal taxation of personal income. Depending on the state, income may also be subject to state taxation.

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