![]() Understanding how federal income tax brackets work Note: The brackets for Qualifying Widow(ers) (QSS) are the same as for Married Filing Jointly status. Still finishing up your 2021 taxes and need the bracket information for that tax year? We’ve got you! Note: The brackets for Qualifying Widow(ers) are the same as for Married Filing Jointly status. If you’re wondering, “What tax bracket am I in?” The tax bracket-specific income ranges can shift slightly each year due to inflation adjustments, so you’ll want to reference the year when you review income tax brackets. Need help determining this number? Find out how to calculate your taxable income. Rather, it’s the total of your taxable income sources (like wages, investment interest, and retirement distributions) minus any adjustments and tax deductions. Most income is taxed using these seven tax brackets, except for certain capital gains and dividends. ![]()
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