What is my tax bracket?

Your tax bracket will vary depending on your income and filing status. In Virginia, there are five tax brackets: 0%, 2%, 3%, 4%, and 5.3%. If you are filing as single in Virginia, and your income is $0-$3,000 per year, your tax bracket is 0%. For incomes ranging from $3,001-$5,000 per year, the tax rate is 2%. If your income is between $5,001-$17,000, the tax rate is 3%. For incomes ranging from $17,001-$45,000, the tax rate is 4%. Finally, if your income is above $45,001, the tax rate is 5.3%. If you are married filing jointly in Virginia, and your income is $0-$6,000, your tax bracket is 0%. For incomes ranging from $6,001-$10,000, the tax rate is 2%. If your income is between $10,001-$34,000, the tax rate is 3%. For incomes ranging from $34,001-$90,000, the tax rate is 4%. Finally, if your income is above $90,001, the tax rate is 5.3%. It is important to keep in mind that this is a general overview of the tax brackets in Virginia. Your actual tax bracket may differ depending on your income, filing status, and other factors. Consult with a qualified tax expert or tax attorney to determine your exact tax bracket.

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What is my tax bracket?

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