See your 2025 federal tax bracket, marginal rate, and effective rate — with a visual breakdown of how every dollar of your income is taxed.
The tax rate on your next dollar of income. If you're in the 24% bracket, your next $1 of income is taxed at 24% (until you hit the next bracket).
Your average tax rate across all income. Always lower than marginal because the early brackets (10%, 12%, 22%) tax those dollars at lower rates. Most freelancers in the 24% marginal bracket have ~17% effective.
For tax-saving decisions: use the marginal rate. A $1,000 retirement contribution saves $240 if you're in the 24% bracket, not $170 (your effective rate). For overall tax burden: use effective.
| Income range | Marginal rate |
|---|---|
| $0 – $11,925 | 10% |
| $11,925 – $48,475 | 12% |
| $48,475 – $103,350 | 22% |
| $103,350 – $197,300 | 24% |
| $197,300 – $250,525 | 32% |
| $250,525 – $626,350 | 35% |
| $626,350+ | 37% |
Brackets for MFJ are roughly 2x; HoH are between single and MFJ.