AmitaR
Employee Tax & Finance Expert

Get your taxes done using TurboTax

Hello Danhuff12,

 

The tax rate applies to your Taxable Income not Adjusted Gross Income. 

For 2023 the 12% tax rate is up to Taxable Income of $89,450 for Married Filing Joint.

So if you want to stay within the 12% tax bracket, then you make sure your taxable income doesn't go over $89,450.

 

Thanks for participating in TurboTax's Ask the Expert event today. I hope this information was helpful!

Have an amazing day.

AR (CPA 10+ years)

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