A single person's taxable income of 12,106.
The marginal tax rate is the amount of additional tax that must be paid for each dollar of increased income produced. The total amount of tax paid divided by the total income earned is the average tax rate. With a marginal tax rate of 10%, 10% of every subsequent dollar earned would be taxed.
Rates at Margin: Individual single taxpayers with incomes greater than $539,900 will continue to pay the highest tax rate, which is 37% for the tax year 2022 (or 647,850 for married couples filing jointly). For incomes over $215,950, the tax rate is 35% or $431,900 for married couples filing jointly.
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