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Federal individual tax rates vary from 10% to 37%. Some states and localities impose an income tax at a graduated rate, and some at a flat rate on all taxable income. Individuals are eligible for a reduced rate of federal income tax on capital gains and qualifying dividends.
This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service. Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico.
U.S. federal effective tax rates by income percentile and component as projected for 2014 by the Tax Policy Center. Taxes based on income are imposed at the federal, most state, and some local levels within the United States. The tax systems within each jurisdiction may define taxable income separately.
IRS tax brackets are divided based on your taxable income level, with different incomes taxed at different federal income tax rates. There are seven brackets in 2022, ranging from 10% to...
November 13, 2023 at 2:43 PM. There are seven tax brackets for most ordinary income for the 2023 tax year: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent.
The U.S. uses the 2020 federal income tax brackets to determine how much money you’ll owe the IRS or how much of a federal income tax refund you will receive.
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