What is my tax bracket?

Your tax bracket depends on a few different factors, including how much money you make and how you file taxes. In Washington, there are seven personal income tax brackets ranging from 0.0% to a top rate of 9.9%. Generally, if you make more money, you will be in a higher tax bracket and pay a higher rate of taxes. In Washington, the tax brackets are as follows (2020 tax year): 0.0% on incomes up to $0. 2.0% on income up to $7,300. 3.0% on income up to $14,800. 4.0% on income up to $20,800. 5.0% on income up to $45, 000. 6.0% on income up to $145,000. 9.9% on income over $145,000. To find out your specific tax bracket, you need to look at your individual income for the year, and compare it to the tax brackets to determine the rate you would be taxed at. Your tax preparer or accountant can also help you find out your exact tax bracket.

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What is my tax bracket?

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