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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:
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.
ExportUSA handles the accounting for all types of American companies and all types of businesses. In addition to bookkeeping, we prepare and present end-of-year income statements as well as quarterly [or monthly, depending] sales tax statements.
https://www.exportusa.eu/accounting-services-exportusa.php
List of countries that have a double tax treaty with the United States
https://www.exportusa.eu/tax-treaties-united-states.php