2022 Tax Rates
View 2021 Tax Rates
Individuals
| Tax Rate | Single Filers | Married Filing Jointly or Qualifying Widow/Widower | Married Filing Separately | Head of Household |
|---|---|---|---|---|
| 10% | Up to $10,275 | Up to $20,550 | Up to $10,275 | Up to $14,650 |
| 12% | $10,276 to $41,775 | $20,551 to $83,550 | $10,276 to $41,775 | $14,651 to $55,900 |
| 22% | $41,776 to $89,075 | $83,551 to $178,150 | $41,776 to $89,075 | $55,901 to $89,050 |
| 24% | $89,076 to $170,050 | $178,151 to $340,100 | $89,076 to $170,050 | $89,051 to $170,050 |
| 32% | $170,051 to $215,950 | $340,101 to $431,900 | $170,051 to $215,950 | $170,051 to $215,950 |
| 35% | $215,951 to $539,900 | $431,901 to $647,850 | $215,951 to $323,925 | $215,951 to $539,900 |
| 37% | $539,901 or more | $647,851 or more | $323,926 or more | $539,901 or more |
Estates & Trusts
| Tax Rate | Taxable Income |
|---|---|
| 10% | Up to $2,750 |
| 24% | $2,751 to $9,850 |
| 35% | $9,851 to $13,450 |
| 37% | $13,451 or more |
Corporations
| Tax Rate | Taxable Income |
|---|---|
| 21% | Flat rate applied to all income |
Social Security Tax Rates
| Base Salary | $147,000 |
| Social Security Tax Rate | 6.20% |
| Medicare Base Salary | Unlimited |
| Medicare Tax Rate | 1.45% |
Standard Deductions
| Single | $12,950 |
| Married Filing Jointly | $25,900 |
| Married Filing Separately | $12,950 |
| Head of Household | $19,400 |
Miscellaneous Tax Information
| Child Tax Credit | $2,000 |
| Sec 179 Limit | $1,080,000 |
| Business Mileage Rate | 58.5 cents |
| Medical Mileage Rate | 18 cents |
| Charitable Mileage Rate | 14 cents |
2022 Due Dates
| Return | Form | Due Date | Extended Due Date |
|---|---|---|---|
| Individuals | 1040 | April 17, 2023 | October 16, 2023 |
| Partnerships/LLCs | 1065 | March 15, 2023 | September 15, 2023 |
| S-Corporations | 1120S | March 15, 2023 | September 15, 2023 |
| Corporations | 1120 | April 17, 2023 | September 15, 2023 |
| Estates/Trusts | 1041 | April 17, 2023 | September 15, 2023 |
| Not-for-profit | 990 | May 15, 2023 | November 15, 2023 |
| Employee Benefit | 5500 | July 31, 2023 | November 1, 2023 |
| W-2s | January 31, 2023 | N/A | |
| 1099s | January 31, 2023 | N/A |
*Due dates may be different if you have a year-end other than December 31st