This article on federal tax brackets has been updated for the 2024 and 2025 tax years.The IRS hasreleasedits 2025 tax brackets (the bracketed tax rate table for IRS federal income tax rates). Each year, the IRS tax rate brackets are adjusted for inflation (similar tomaximum 401Kandmaximum I...
In 2024, a single filer making $48,000 of taxable income pays a 10% tax rate on $11,600 of their earnings, a 12% tax rate on the portion of the earnings between $11,601 and $47,150, and a 22% tax rate on the remaining $850 that falls into that final tax bracket. Assuming t...
State base rate Local range Total range Alabama 0%–7% 0%–7% 4%-11% Alaska 0% 0%–7.5% 0%–7.5% Arizona 5.60% 0%–5.6% 5.6%–11.2% Arkansas 6.50% 0%–5% 6.5%–11.5% California 6.00% 0.15%–3% 7.25%–10.25% Colorado
Get rate tables State guides State base rate Local range Total range Alabama 0%–7% 0%–7% 4%-11% Alaska 0% 0%–7.5% 0%–7.5% Arizona 5.60% 0%–5.6% 5.6%–11.2% Arkansas 6.50% 0%–5% 6.5%–11.5% California 6.00% 0.15%–3% ...
Nevada sales tax range for 2025 4.6%–8.265% Base state sales tax rate 4.6% Local rate range* 0%–3.665% Total rate range 4.6%–8.265% *Rates are rounded to the nearest hundredth. Due to varying local sales tax rates, we strongly recommend our lookup and calculator tools on this page ...
Will Capital Gains Tax Rates Change for 2025? Capital gains tax rates are the same in 2025 as they were in 2024. However, the income tax brackets have increased; for example, single taxpayers will have a $0 capital gains tax rate up to $48,350 of income whereas this income limit in 20...
Here are the 2024 and 2025 tax brackets and federal income tax rates. Plus, learn how to find your marginal tax rate and effective tax rate.
2025 Tax brackets and standard deduction Keep in mind that tax brackets (which taxpayers use to determine their income taxes) and the standard deduction also change annually. For example, take a look at the 2025 federal income tax brackets for a single filer: Tax Rate Taxable Income Range Taxa...
Long-term capital gains tax rates for the 2025 tax year FILING STATUS0% RATE15% RATE20% RATE SingleUp to $48,350$48,351 – $533,400Over $533,400 Married filing jointlyUp to $96,700$96,701 – $600,050Over $600,050 Married filing separatelyUp to $48,350$48,351 – $300,000Over...
Michigan sales tax range for 2025 6% Base state sales tax rate 6% Total rate range 6% *Rates are rounded to the nearest hundredth. Due to varying local sales tax rates, we strongly recommend our lookup and calculator tools on this page for the most accurate rates. ...