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Does my returns show what my tax rate was ??

 
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2 Replies

Does my returns show what my tax rate was ??

@henryrodriguezmp -  are you asking about your tax bracket? if so, take Line 15 of Form 1040, subtract Lines 3a and 7.  Look up THAT result on the tax bracket table: Your tax bracket is listed in the 1st column.

 



Tax Rate Single filers Married filingjointly orqualifying widow(er) Married filingseparately Head of household

10%$0 to $9,950$0 to $19,900$0 to $9,950$0 to $14,200
12%$9,951 to $40,525$19,901 to $81,050$9,951 to $40,525$14,201 to $54,200
22%$40,526 to $86,375$81,051 to $172,750$40,526 to $86,375$54,201 to $86,350
24%$86,376 to $164,925$172,751 to $329,850$86,376 to $164,925$86,351 to $164,900
32%$164,926 to $209,425$329,851 to $418,850$164,926 to $209,425$164,901 to $209,400
35%$209,426 to $523,600$418,851 to $628,300$209,426 to $314,150$209,401 to $523,600

 

 

rjs
Level 15
Level 15

Does my returns show what my tax rate was ??

There isn't just one tax rate. Different types of income are taxed at different rates. And income of one type is often not all taxed at the same rate because it spans more than one bracket.


The tax rates are not shown on the tax return.


Why are you asking about your tax rate? If you just want to get an idea of how much of your income is going to taxes, divide your total tax on Form 1040 line 24 by your Adjusted Gross Income on Form 1040 line 11. (These line numbers are for 2021.) That will show you the overall percentage of tax you are paying on your income. If you are trying to figure out what tax rate would apply to additional income, that's more complicated. It depends on the type of additional income, and on the base amount of income that you have before the addition.

 

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