NY 2022 TAX BRACKETS PDF

Marginal Rates: For tax year 2022, the top tax rate remains 37% for individual single taxpayers with incomes greater than $539,900 ($647,850 for married couples filing jointly).ģ5%, for incomes over $215,950 ($431,900 for married couples filing jointly) ģ2% for incomes over $170,050 ($340,100 for married couples filing jointly) Ģ4% for incomes over $89,075 ($178,150 for married couples filing jointly) Ģ2% for incomes over $41,775 ($83,550 for married couples filing jointly) ġ2% for incomes over $10,275 ($20,550 for married couples filing jointly).The personal exemption for tax year 2022 remains at 0, as it was for 2021, this elimination of the personal exemption was a provision in the Tax Cuts and Jobs Act.For single taxpayers and married individuals filing separately, the standard deduction rises to $12,9, up $400, and for heads of households, the standard deduction will be $19,400 for tax year 2022, up $600. The standard deduction for married couples filing jointly for tax year 2022 rises to $25,900 up $800 from the prior year.

The tax items for tax year 2022 of greatest interest to most taxpayers include the following dollar amounts: The tax year 2022 adjustments described below generally apply to tax returns filed in 2023. Highlights of changes in Revenue Procedure 2021-45:

NY 2022 TAX BRACKETS PDF

Revenue Procedure 2021-45 PDF provides details about these annual adjustments. WASHINGTON - The Internal Revenue Service today announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes.

Ny 2022 tax brackets