2022 Tax Rates – Single Taxpayers – Standard Deduction $12,950

10%	0 to $10,275
12%	$10,275 to $41,775
22%	$41,775 to $89,075
24%	$89,075 to $170,050
32%	$170,050 to $215,950
35%	$215,950 to $539,900
37%	Over $539,900

2022 Tax Rates – Married Jointly & Surviving Spouses – Standard Deduction $25,900

10%	0 to $20,550
12%	$20,550 to $83,550
22%	$83,550 to $178,150
24%	$178,150 to $340,100
32%	$340,100 to $431,900
35%	$431,900 to $647,850
37%	Over $647,850

2022 Tax Rates – Married Filing Separately – Standard Deduction $12,950

10%	0 to $10,275
12%	$10,275 to $41,775
22%	$41,775 to $89,075
24%	$89,075 to $170,050
32%	$170,050 to $215,950
35%	$215,950 to $323,925
37%	Over $323,925

2022 Tax Rates – Head of Household – Standard Deduction $19,400

10%	0 to $14,650
12%	$14,650 to $55,900
22%	$55,900 to $89,050
24%	$89,050 to $170,050
32%	$170,050 to $215,950
35%	$215,950 to $539,900
37%	Over $539,900

2022 Tax Rates – Estates & Trusts

10%	0 to $2,750
24%	$2,750 to $9,850
35%	$9,850 to $13,450
37%	Over $13,450

Social Security	2022 Tax Rates
Social Security Tax Rate: Employers	6.2%
Social Security Tax Rate: Employees	6.2%
Social Security Tax Rate: Self-Employed	15.3%
Maximum Taxable Earnings	$147,000
Medicare Base Salary	Unlimited
Medicare Tax Rate: Employers	1.45%
Medicare Tax Rate: Employees	1.45%
Additional Medicare Tax for income above $200,000 (single filers) or $250,000 (joint filers)	0.9%
Medicare tax on net investment income ($200,000 single filers, $250,000 joint filers)	3.8%

Miscellaneous	2022 Tax Rates
Business expensing limit: Cap on equipment purchases	$2,700,000
Business expensing limit: New and Used Equipment and Software	$1,080,000
Qualified Business Income threshold amount:	$170,050 (single and head of household); $340,100 (married filing joint return)
Qualified Small Employer Health Reimbursement Arrangement limit:	$5,450 (single coverage); $11,050 (family coverage)
Prior-year safe harbor for estimated taxes of higher-income	110% of your 2021 tax liability
Standard mileage rate for business driving	62.5 (July 1-December 31, 2022) and 58.5 (January 1-June 30, 2022)
Standard mileage rate for medical driving	22 (July 1-December 31, 2022) and 18 (January 1-June 30, 2022)
Standard mileage rate for moving driving – Members of the Armed Forces on active duty who move because of a permanent change of station	22 (July 1-December 31, 2022) and 18 (January 1-June 30, 2022)
Standard mileage rate for charitable driving	14
Child Tax Credit	$3,000 to $3,600
Unearned income maximum for children under 19 before kiddie tax applies	$1,150
Maximum capital gains tax rate for taxpayers with income up to $41,675 for single filers, $83,350 for married filing jointly	0%
Maximum capital gains tax rate for taxpayers with income above $41,675 for single filers, $83,350 for married filing jointly	15%
Maximum capital gains tax rate for taxpayers with income above $459,750 for single filers, $517,200 for married filing jointly	20%
Capital gains tax rate for unrecaptured Sec. 1250 gains	25%
Capital gains tax rate on collectibles	28%
Maximum contribution for Traditional/Roth IRA	$6,000 if under age 50 $7,000 if 50 or older
Maximum employee contribution to SIMPLE IRA	$14,000 if under age 50 $17,000 if 50 or older
Maximum Contribution to SEP IRA	25% of eligible compensation up to $61,000
401(k) maximum employee contribution limit	$20,500 if under age 50 $27,000 if 50 or older
Estate tax exemption	$12,060,000
Annual Exclusion for Gifts	$16,000

Education	2022 Tax Rates
American Opportunity Credit (per student)	$2,500
Lifetime Learning Credit (per return)	$2,000
Student Loan Interest Deduction	$2,500
Coverdell Education Savings Account Contribution	$2,000

Standard Meal Rates for Family Child Care Providers for income tax returns

Continental U.S.	2022-23 Tax Rates (July 1, 2022-June 30, 2023)
For each breakfast	$1.66
For each lunch or supper	$3.04
For each snack (up to 3 per day for each child)	$0.97
Alaska	2022-23 Tax Rates (July 1, 2022-June 30, 2023)
For each breakfast	$2.59
For each lunch or supper	$4.87
For each snack (up to 3 per day for each child)	$1.52
Hawaii	2022-23 Tax Rates (July 1, 2022-June 30, 2023)
For each breakfast	$1.91
For each lunch or supper	$3.55
For each snack (up to 3 per day for each child)	$1.12