Marginal Tax Rates - 11/22/2023

Shows the marginal federal tax rate for choice of tax year 2014 to 2023. User chooses one of the following four as the independent variable and enters dollar amounts for the other three.

• Tax-exempt Interest
• Non-Social Security Ordinary Income
• Qualified Dividend Income plus Long Term Capital Gains (QDI/LTCG)
• Social Security Benefit

For example, the following graph shows the marginal tax rate as 2017 Non-SS ordinary income increases for a single filer age 65+ taking the standard deduction who has $10,000 of QDI/LTCG and a $30,000 Social Security benefit.

Change log:
10/08/15: Initial version
10/12/15: Add graph of marginal taxable SS underneath marginal tax chart
02/05/16: Add Compare sheet to show marginal rates for specific inputs
02/16/16: Let tax exempt interest also be chosen as the variable to graph
12/22/18: Add Years and Retire sheets
04/25/19: Construct tax formula on Tables sheet to use in other workbooks
12/13/19: Add Wiki sheet
12/14/20: Expand Wiki sheet table to accept QDI/LTCG
11/22/23: Add 2024 tax brackets and standard deductions

Click following link to download: MarginalTaxRates.xlsx