Updated  - October 22nd, 2022







Federal Income tax (Individual)




Rate

                                   


Taxable Income (Single)



to $10,275
10%

to $41,775
12%

to $89,075
22%

to $170,050
24%

to $215,950
32%

to $539,900
35%

over
37%




Taxable Income (Married Filing Jointly)




to $20,550
10%

to $83,550
12%

to $178,150
22%

to $340,100
24%

to $431,900
32%

to $647,850
35%

over
37%




Long term Capital Gain  & Qualified dividends:





Individual (Single)


to $41,675
0%

to $459,750
15%

over
20%

Individual (Married Filing Jointly)


to $83,350
0%

to $517,200
15%

over
20%




Net Investment Income Tax





after $200,000 net investment income (Single)
3.8%

after $250,000 taxable net investment (Married Filing Jointly)
3.8%




Corporation Tax



21%




Self-Employment tax



15.3%




Payroll taxes





Social security 
6.2% of first $147,800 of wages

Medicare 
1.45%

Medicare surtax (income >$200,000)
0.9%

Federal Unemployment (FUTA)
0.6% of first $7000




Estate & Trust





to $2,750
10%

to $9,850
24%

to $13,450
35%

over
37%




Annual gift tax exclusion
$16,000

Federal Estate Exemption
$12,060,000




Standard Deduction





Single
$12,950

Married Filing Jointly
$25,900




Education Credit





Lifetime learning credit
max

up to $80,000 taxable income (Single)
$2,000

up to $160,000 taxable income  (Married Filing Jointly)
$2,000




American Opportunity credit
max

up to $80,000 taxable income (Single)
$2,000

up to $160,000 taxable income  (Married Filing Jointly)
$2,000




Child credit





Up to $200,000 taxable income (Single)
$2,000

Up to $400,000 taxable income (Married filing jointly)
$2,000

Child and dependent care credit
$3,000



Business mileage rate deduction



58.5c /business mile






Home Office Deduction

(up to 300 square feet)



$5/business square foot




Retirement





401K contribution (under age 50)
$20,500

401K contribution (age 50 and above)
$27,000

SEP contribution
$61,000

IRA & Roth IRA contribution (<50)
$6,000

IRA & Roth IRA contribution (50+)
$7,000





Tax free social security benefits





Single
$25,000

Married Filing jointly
$32,000







Foreign Earned Income Exclusion
$112,000







USA Federal Tax rates & Tax credits (2022 Tax Year)

Les barèmes d'imposition & déductions fiscales (Année fiscale 2022)