For example, for single filers, the 22% tax bracket for the 2022 tax year starts at $41,776 and ends at $89,075. The 20 tax bracket ranges also differ depending on your filing status. That means you could wind up in a different tax bracket when you file your 2022 federal income tax return than the bracket you were in before – which also means you could pay a different tax rate on some of your income. However, as they are every year, the 2022 tax brackets were adjusted to account for inflation. The 2022 tax rates themselves are the same as the rates in effect for the 2021 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Unless you requested an extension to file your 2021 return, the next return that most people will have to file is their federal tax return for the 2022 tax year - which, by the way, will be due on Ap(or October 16, 2023, if extended). You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).It’s never too early to start thinking about your next tax return. © Australian Taxation Office for the Commonwealth of Australia If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice. Make sure you have the information for the right year before making decisions based on that information. Some of the information on this website applies to a specific financial year. If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take. We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. These rates show the amount of tax payable in every dollar for each income bracket for individual taxpayers. If you want to know how much your employer (or other payer) is required to withhold from payments to you, use our Tax withheld calculator.
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