12%: $11,000-$44,725
22%: $44,725-$95,375
24%: $95,375-$182,100
32%: $182,100-$231,250
35%: $231,250-578,125
37%: $578,125 or more
Your marginal tax rate must be one of those percentages above, depending on the amount of income you pay each year.
While the brackets change every year, the percentages remain the same.
If your total pre-tax income is $150,000, your marginal tax rate would be 24%. Similarly, if your pre-tax income was $250,000, your marginal tax rate would be 35% based on the numbers above.
Considering the implications of the marginal tax rate, it's worth understanding your marginal tax rate when you make financial decisions.