2023 Income Tax Season (filing in 2024)
We are always ready to help you pay the lowest amount of taxes required by law.
Tax Rate Schedules
Single individuals
| Taxable Income | Minimum Income Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 11000 | $ 1100 | 12% |
| $ 44725 | $ 5147 | 22% |
| $ 95375 | $ 16290 | 24% |
| $ 182100 | $ 337104 | 32% |
| $ 231250 | $ 52832 | 35% |
| $ 578125 | $ 174238.25 | 37% |
Head of Household
| Taxable Income | Minimum Income Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 15700 | $ 1570 | 12% |
| $ 59850 | $ 6868 | 22% |
| $ 95350 | $ 14678 | 24% |
| $ 182100 | $ 35498 | 32% |
| $ 231250 | $ 51226 | 35% |
| $ 578100 | $ 172623.50 | 37% |
Married or Qualifying Widow(er)
| Taxable Income | Minimum Income Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 22000 | $ 2200 | 12% |
| $ 89450 | $ 10204 | 22% |
| $ 190750 | $ 32580 | 24% |
| $ 364200 | $ 74208 | 32% |
| $ 462500 | $ 105664 | 35% |
| $ 693750 | $186601.50 | 37% |
Married, but Filing Separately
| Taxable Income | Minimum Income Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 11000 | $ 1100 | 12% |
| $ 44725 | $ 5147 | 22% |
| $ 95375 | $ 16290 | 24% |
| $ 182100 | $ 37104 | 32% |
| $ 231250 | $ 452832 | 35% |
| $ 346875 | $ 93300.50 | 37% |
Corporate Tax Rates
The Corporate Tax Rate is 21% on any and all profits
Trusts & Estates Tax Rates
| Taxable Income | Minimum Tax for Strata |
Rate on additional amounts until NEXT strata |
| $ 0 | $ 0 | 10% |
| $ 2900 | $290 | 24% |
| $ 10550 | $ 2126 | 35% |
| $14450 | $ 3491 | 37% |