Tax brackets for 2023

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IRS: Here are the new income tax brackets for 2023


Marginal tax brackets for tax year 2023, married filing jointly

The table shows the income brackets for married couples filing jointly for the 2023 tax year.

Table with 2 columns and 7 rows. Currently displaying rows 1 to 7.

Taxable income Taxes owed
$22,000 or less 10% of the taxable income
$22,001 to $89,450 $2,200 plus 12% of amount over $22,000
$89,451 to $190,750 $10,294 plus 22% of amount over $89,450
$190,751 to $364,200 $32,580 plus 24% of amount over $190,750
$364,201 to $462,500 $74,208 plus 32% of amount over $364,200
$462,501 to $693,750 $105,664 plus 35% of amount over $462,500


https://www.cnbc.com/2022/10/19/irs-here-are-the-new-income-tax-brackets-for-2023.html
 
I believe it's 0% for you, Norman, but you better confirm that with your accountant. :laugh:
 
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