Tax Rates

2025 Federal Income Tax Rate Tables

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for the 2025 tax year,
including updated federal income tax rate schedules, tax brackets, and cost-of-living adjustments.
These rates apply to income earned in 2025 and will be reported on tax returns filed in 2026.

There are seven federal income tax rates for 2025:
10%, 12%, 22%, 24%, 32%, 35%, and 37%.
While some income may effectively fall into a 0% tax range due to deductions, credits, or exclusions,
there is no separate federal 0% income tax bracket.

Below is a breakdown of the 2025 federal income tax brackets by filing status.


Important: Tax rates are based on the year income is earned, while tax due dates are based on the year tax returns are filed.


Individual Taxpayers (Single Filers)

Tax Rate Taxable Income From Taxable Income Up To
10% $0 $11,925
12% $11,926 $48,475
22% $48,476 $103,350
24% $103,351 $197,300
32% $197,301 $250,525
35% $250,526 $626,350
37% $626,351 And up

Married Individuals Filing Joint Returns and Surviving Spouses

Tax Rate Taxable Income From Taxable Income Up To
10% $0 $23,850
12% $23,851 $96,950
22% $96,951 $206,700
24% $206,701 $394,600
32% $394,601 $501,050
35% $501,051 $751,600
37% $751,601 And up

Heads of Household

Tax Rate Taxable Income From Taxable Income Up To
10% $0 $16,950
12% $16,951 $64,850
22% $64,851 $103,350
24% $103,351 $197,300
32% $197,301 $250,500
35% $250,501 $626,350
37% $626,351 And up


Note: These 2025 tax brackets are based on IRS inflation adjustments and apply to income earned in 2025 (returns filed in 2026).


Tax Due Dates

2024 Federal Tax Due Dates (Returns Filed in 2025)

These deadlines apply to income earned during the 2024 tax year, with most tax returns filed in 2025.
If a due date falls on a weekend or federal holiday, the deadline is typically the next business day.

For individuals and C corporations, the extension deadline is April 15.
For S corporations and partnerships, the extension deadline is March 15.


January 15, 2025
Estimated quarterly payments

The fourth (and final) estimated quarterly tax payment for the 2024 tax year is due.

Note: You do not need to make this payment if you file your 2024 tax return by
January 31, 2025 and pay the remaining balance owed.

Forms:


January 31, 2025
Form W-2 and Form 1099-NEC filing deadline

Employers must file Form W-2 with the IRS and provide copies to employees.
Independent contractor payments must be reported using Form 1099-NEC.


March 15, 2025
S corporation and partnership tax returns due


April 15, 2025
Individual and C corporation tax returns due

This is also the deadline to file for an extension and to make the first estimated tax payment for the 2025 tax year.


June 16, 2025
Second estimated quarterly payment due


September 15, 2025
Third estimated quarterly payment due

Extended S corporation and partnership returns are also due.


October 15, 2025
Extended individual and C corporation returns due


December 31, 2025
Tax planning deadline

This is the final day to make tax moves affecting your 2025 taxable income.
Self-employed individuals must establish a
Solo 401(k) by this date.


When can I start filing taxes for 2024?

The IRS typically begins accepting e-filed tax returns in late January.
The exact start date varies each year.

When will I get my tax refund?

Most taxpayers who e-file and choose direct deposit receive their refund within
21 days, though processing times may vary.


IRS Tax Forms and Publications

https://www.irs.gov/forms-instructions


Record Retention Guide

For additional guidance, refer to the IRS record retention recommendations:

How Long Should I Keep Records?


Tip: Keeping digital copies of records is acceptable, provided the documents are clear, accurate, and accessible if requested by the IRS.