Hi sunshinyday!
Per IRS for tax year 2022, the tax rate is 12% of income over $10,275 up to $41,774 for single filing status. See below brackets and link to IRS website. Also, it's not an additional $1,000 tax.
22% for incomes over $41,775 ($83,550 for married couples filing jointly);
12% for incomes over $10,275 ($20,550 for married couples filing jointly).
IRS tax rates for 2022 tax year
Suggest to also utilize our TurboTax Tax Calculator to estimate your 2022 taxes. See link:
Estimate your 2022 taxes!
Have a great day!
