That means that regardless of which tax bracket you fall under, you will only be affected by one set marginal tax rate to abide by once you file. Federal Individual Income Tax Rates & Brackets, 1862-2021 AugFebru1 min read. Fortunately, your tax bracket will only change if you report more income than you planned (i.e., starting a new job at the beginning of the year). One of the tax brackets shown will be applied to your specific financial situation, so it’s very important that you begin understanding tax brackets to have an idea of how much you’ll owe. Texas residents do not have to pay a state tax, but they must pay federal income and property taxes for residential or commercial buildings at the end of the year. 37% tax rate - More than $314,150 in taxable income.There are seven federal income tax rates in 2022: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. 24% tax rate - $86,375 to $164,925 in taxable income In 2022, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (Table 1).10% tax rate - $0 to $9,950 in taxable income.Unlike filing as single for 2021 tax brackets, filing separately as a married couple will reduce your income range if you make over $314,150. The tax brackets consist of the following marginal rates: 10, 15, 25, 28, 33, 35, and 39.6. Filing Separately as Married Tax Brackets (2021)