Tax Rates & Brackets Explained

November 1, 2022
Find out how tax rates and brackets influence what you pay in income tax, what the new bracket ranges are for 2022, and how to calculate your effective tax rate.
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This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

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