Clarity Tax Group | Expert Tax & Accounting Services in Bellingham, WA

2025 Tax Rates & Information

Stay informed with the latest tax rates and thresholds for 2025. These rates apply to tax returns filed in 2026 for the 2025 tax year.

Income Tax Brackets

2025 Tax Rates - Single Taxpayers

Standard Deduction: $15,750

Tax Rate	Income Range
10%	0 to $11,925
12%	$11,925 to $48,475
22%	$48,475 to $103,350
24%	$103,350 to $197,300
32%	$197,300 to $250,525
35%	$250,525 to $626,350
37%	Over $626,350

2025 Tax Rates - Married Jointly & Surviving Spouses

Standard Deduction: $31,500

Tax Rate	Income Range
10%	0 to $23,850
12%	$23,850 to $96,950
22%	$96,950 to $206,700
24%	$206,700 to $394,600
32%	$394,600 to $501,050
35%	$501,050 to $751,600
37%	Over $751,600

2025 Tax Rates - Married Filing Separately

Standard Deduction: $15,750

Tax Rate	Income Range
10%	0 to $11,925
12%	$11,925 to $48,475
22%	$48,475 to $103,350
24%	$103,350 to $197,300
32%	$197,300 to $250,525
35%	$250,525 to $375,800
37%	Over $375,800

2025 Tax Rates - Head of Household

Standard Deduction: $23,625

Tax Rate	Income Range
10%	0 to $17,000
12%	$17,000 to $64,850
22%	$64,850 to $103,350
24%	$103,350 to $197,300
32%	$197,300 to $250,500
35%	$250,500 to $626,350
37%	Over $626,350

2025 Tax Rates - Estates & Trusts

Standard Deduction: N/A

Tax Rate	Income Range
10%	0 to $3,150
24%	$3,150 to $11,450
35%	$11,450 to $15,650
37%	Over $15,650

2025 Social Security & Medicare Tax Rates

Social Security Tax Rate: Employers6.2%

Social Security Tax Rate: Employees6.2%

Social Security Tax Rate: Self-Employed12.4%

Maximum earnings subject to Social Security tax$176,100

Maximum earnings subject to Medicare taxUnlimited

Medicare Tax Rate: Employers1.45%

Medicare Tax Rate: Employees1.45%

Medicare tax rate: Self-employed2.9%

Additional Medicare tax on FICA wages and self-employment income above $200,000 (single filers) or $250,000 (joint filers)0.9%

Net investment income tax on taxpayers with modified adjusted gross income (MAGI) exceeding $200,000 (single filers) or $250,000 (joint filers)3.8%

2025 Capital Gains Tax Rates

Maximum capital gains tax rate for taxpayers with income up to $48,350 for single filers, $96,700 for married filing jointly0%

Maximum capital gains tax rate for taxpayers with income $48,350 to $533,400 for single filers, $96,700 to $600,050 for married filing jointly15%

Maximum capital gains tax rate for taxpayers with income above $533,400 for single filers, $600,050 for married filing jointly20%

Capital gains tax rate for unrecaptured Sec. 1250 gains25%

Capital gains tax rate on collectibles28%

2025 Important Tax Information

Retirement Contributions

Traditional/Roth IRA (under 50)$7,000

Traditional/Roth IRA (50+)$8,000

SIMPLE IRA (under 50)$16,500

SIMPLE IRA (50+)$20,000

SEP IRA maximum$70,000

Credits & Deductions

Child Tax Credit$2,200

American Opportunity Credit$2,500

Lifetime Learning Credit$2,000

Student Loan Interest$2,500

Senior Deduction (65+)$6,000

Important Notice

Tax rates and thresholds are subject to change. Please consult with a tax professional or the IRS for the most current information. This information is for general reference only.

Tax Rates