Today, Optima Tax Relief Lead Tax Attorney, Phil, discusses a hot topic: tax brackets. We hear this term all the time, but what does it mean? And how can it affect the taxes you’re required to pay?
What are tax brackets?
Tax brackets determine how much federal income tax you owe based on your taxable income. The U.S. tax system is progressive, meaning higher portions of income are taxed at higher rates. For 2025, there are seven tax brackets ranging from 10% to 37%.
How do I find my tax bracket?
To find your tax bracket, first calculate your taxable income. Remember, this is your gross income minus your deductions. Next, refer to the IRS tax brackets for your filing status.
The IRS just released the 2025 tax brackets. As an example, let’s look at the tax brackets for single filers:
| Tax Rate | Single Filers |
| 10% | $0 to $11,925 |
| 12% | $11,926 to $48,475 |
| 22% | $48,476 to $103,350 |
| 24% | $103,351 to $197,300 |
| 32% | $197,301 to $250,525 |
| 35% | $250,526 to $626,350 |
| 37% | $626,351 or more |
Let’s say you are a single filer earning $50,000. This would fall into the 22% bracket, but only the income above $48,455 is taxed at that rate. Lower portions are taxed at 10% and 12%.
For more detailed information on tax brackets before the 2025 filing season, you can consult with a tax professional. Optima Tax Relief has over a decade of experience helping taxpayers with their tax needs.
If you need tax help, contact us today for a Free Consultation