Welcome To Convergence Tax Solutions
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Resources
Where’s My Refund?
You can check on the status of your refund by clicking on the following links…
Federal Return
Track your Federal Tax Refund here
Amended Federal Return
Track your Amended Federal Tax Refund here
MN State Return
Track your MN State Tax Refund here
IRS Tax Withholding Estimator
Why use the estimator?
The IRS encourages everyone to use the Tax Withholding Estimator to perform a “paycheck checkup.” This will help you make sure you have the right amount of tax withheld from your paycheck.
There are several reasons to check your withholding:
- Checking your withholding can help protect against having too little tax withheld and facing an unexpected tax bill or penalty at tax time next year.
- At the same time, you may prefer to have less tax withheld up front, so you receive more in your paychecks and get a smaller refund at tax time.
When you should use the estimator.
If you changed your withholding for the year, the IRS reminds you to be sure to recheck your withholding at the start of the next year. A mid-year withholding change may have a different full-year impact. So, if you do not file a new Form W-4, your withholding might be higher or lower than you intend.
Also, if you had a major life change, such as marriage, the birth of a child, adoption or bought a home.
2023 Tax Rates
Single filers
|
Tax rate |
Taxable income bracket |
Tax owed |
|
10% |
$0 to $11,000 |
10% of taxable income |
|
12% |
$11,001 to $44,725 |
$1,100 plus 12% of the amount over $11,000 |
|
22% |
$44,726 to $95,375 |
$5,147 plus 22% of the amount over $44,725 |
|
24% |
$95,376 to $182,100 |
$16,290 plus 24% of the amount over $95,375 |
|
32% |
$182,101 to $231,250 |
$37,104 plus 32% of the amount over $182,100 |
|
35% |
$231,251 to $578,125 |
$52,832 plus 35% of the amount over $231,250 |
|
37% |
$578,126 or more |
$174,238.25 plus 37% of the amount over $578,125 |
Married, filing jointly
|
Tax rate |
Taxable income bracket |
Tax owed |
|
10% |
$0 to $22,000 |
10% of taxable income |
|
12% |
$22,001 to $89,450 |
$2,200 plus 12% of the amount over $22,000 |
|
22% |
$89,451 to $190,750 |
$10,294 plus 22% of the amount over $89,450 |
|
24% |
$190,751 to $364,200 |
$32,580 plus 24% of the amount over $190,750 |
|
32% |
$364,201 to $462,500 |
$74,208 plus 32% of the amount over $364,200 |
|
35% |
$462,501 to $693,750 |
$105,664 plus 35% of the amount over $462,500 |
|
37% |
$693,751 or more |
$186,601.50 plus 37% of the amount over $693,750 |
Married, filing separately
|
Tax rate |
Taxable income bracket |
Tax owed |
|
10% |
Not over $11,000 |
10% of taxable income |
|
12% |
$11,001 to $44,725 |
$1,100 plus 12% of the amount over $11,000 |
|
22% |
$44,726 to $95,375 |
$5,147 plus 22% of the amount over $44,725 |
|
24% |
$95,376 to $182,100 |
$16,290 plus 24% of the amount over $95,375 |
|
32% |
$182,1016 to $231,250 |
$37,104 plus 32% of the amount over $182,100 |
|
35% |
$231,251 to $346,875 |
$52,832 plus 35% of the amount over $231,250 |
|
37% |
$346,876 or more |
$93,300.75 plus 37% of the amount over $346,875 |
Head of household
|
Tax rate |
Taxable income bracket |
Tax owed |
|
10% |
$0 to $15,700 |
10% of taxable income |
|
12% |
$15,701 to $59,850 |
$1,570 plus 12% of the amount over $15,700 |
|
22% |
$59,851 to $95,350 |
$6,868 plus 22% of the amount over $59,850 |
|
24% |
$95,351 to $182,100 |
$14,678 plus 24% of the amount over $95,350 |
|
32% |
$182,101 to $231,250 |
$35,498 plus 32% of the amount over $182,100 |
|
35% |
$231,251 to $578,100 |
$51,226 plus 35% of the amount over $231,250 |
|
37% |
$578,101 or more |
$172,623.50 plus 37% of the amount over $578,100 |