In 2025 the taxes that all United States citizens have to pay to the IRS will be different. There are new tax brackets, resulting in many Americans paying less tax, although it is true that it all depends directly on the level of income.
Likewise, the way of sending the Tax Return also influences the taxes that we will pay to the IRS. It is not the same to send the Tax Return alone than to do it jointly or as head of the family. What is certain is that at a certain level we will not have to pay more taxes in 2025, but less.
Even so, remember that these taxes we are talking about are those related to the income of this year 2024. So try to take into account all the income you have before the end of the year in order to know in 2024 what you will have to pay. This is the only way to know if you are in one IRS tax bracket or another.
New IRS Tax Brackets for 2025
With all the above information in mind, let’s take a look at what the new tax brackets are for 2025. These Tax Brackets involve paying less tax in many brackets because the income bracket must be higher to move to the next bracket.
Here is the official information from the IRS regarding these 2025 Tax Brackets:
|
Tax Rate |
Single person |
Married filing jointly |
Married filing separately |
Head of household |
|---|---|---|---|---|
|
10% |
$11,600 or less |
$23,200 or less |
$11,600 or less |
$16,550 or less |
|
12% |
$11,601 to $47,150 |
$23,201 to $94,300 |
$11,601 to $47,150 |
$16,551 to $63,100 |
|
22% |
$47,151 to $100,525 |
$94,301 to $201,050 |
$47,151 to $100,525 |
$63,101 to $100,500 |
|
24% |
$100,526 to $191,950 |
$201,051 to $383,900 |
$100,526 to $191,950 |
$100,501 to $191,950 |
|
32% |
$191,951 to $243,725 |
$383,901 to $487,450 |
$191,951 to $243,725 |
$191,951 to $243,700 |
|
35% |
$243,726 to $609,350 |
$487,451 to $731,200 |
$243,726 to $365,600 |
$234,701 to $609,350 |
|
37% |
Over $609,350 |
Over $731,200 |
Over $365,600 |
Over $609,350 |
To better understand the situation we can check this list with the taxes paid to the IRS in the year 2024:
|
Tax Rate |
Single |
Married filing jointly |
Married filing separately |
Head of household |
|---|---|---|---|---|
|
10% |
$11,000 or less |
$22,000 or less |
$11,000 or less |
$15,700 or less |
|
12% |
$11,001 to $44,725 |
$22,001 to $89,450 |
$11,001 to $44,725 |
$15,701 to $59,850 |
|
22% |
$44,726 to 95,375 |
$89,451 to $190,750 |
$44,726 to $95,375 |
$59,851 to $95,350 |
|
24% |
$95,376 to $182,100 |
$190,751 to $364,200 |
$95,376 to $182,100 |
$95,351 to $182,100 |
|
32% |
$182,101 to $231,250 |
$364,201 to $462,500 |
$182,101 to $231,250 |
$182,101 to $231,250 |
|
35% |
$231,251 to $578,125 |
$462,501 to $693,750 |
$231,251 to $346,875 |
$231,251 to $578,100 |
|
37% |
Over $578,125 |
Over $693,750 |
Over $346,875 |
Over $578,100 |
Here we can easily see that in each category there is a difference of about $3,000. This implies that in this year 2024 we can have a higher income without the obligation of paying more taxes in the next year 2025.
In case you have not yet sent the 2024 Tax Return remember that you still have time if you requested the time extension. The deadline for the IRS to get all the documentation is October 15th, although most of the citizens had to send all the documents before April 15th of this year 2024.