Tax Brackets & Deductions
2022 Federal Tax Brackets for taxes
| Tax Rate | Single | Married Filing Jointly (MFJ) | Head of Household |
|---|---|---|---|
| 10% | $0 to $10,275 | $0 to $20,550 | $0 to $14,650 |
| 12% | $10,275 to $41,775 | $20,550 to $83,550 | $14,650 to $55,900 |
| 22% | $41,775 to $89,075 | $83,550 to $178,150 | $55,900 to $89,050 |
| 24% | $89,075 to $170,050 | $178,150 to $340,100 | $89,050 to $170,050 |
| 32% | $170,050 to $215,950 | $340,100 to $431,900 | $170,050 to $215,950 |
| 35% | $215,950 to $539,900 | $431,900 to $647,850 | $215,950 to $539,900 |
| 37% | $539,900 or more | $647,850 or more | $539,900 or more |
2022 Standard Deduction
| Filing Status | Standard Deduction |
| Single | 12,950 |
| Married Filing Jointly | 25,900 |
| Head of Household | 19,400 |
| 65 or older – add | 1,750 |
| Blind – add another | 1,750 |
Long-term Capital Gains tax rates
| Single | Married filing jointly | Head of Household | ||
| 0% Fed + 5% Utah | 0 to 41,675 | 0 to 83,350 | 0 to 55,800 | |
| 15% Fed + 5% Utah | to 459,750 | to 517,200 | to 488,500 | |
| 20% Fed + 5% Utah | Over that | Over that | Over that |
Non-Resident Aliens
Non-Resident Aliens must itemize their deductions. No standard deduction is given when checking the box “non-resident alien”