tax bracket


The level of income tax of a given individual, as indicated by the amount of taxes he/she pays on his/her final dollar of taxable income. also called marginal tax bracket or tax rate.

Use tax bracket in a sentence

You need to know what tax bracket you are in so that you know how much of your wages you will pay.

​ Was this Helpful? YES  NO 10 people found this helpful.

The tax bracket had been the same for the individual his whole life until he started working at the new company.

​ Was this Helpful? YES  NO 2 people found this helpful.

With the business being so profitable, the company was moved into a higher tax bracket, so the tax bill was higher than expected.

​ Was this Helpful? YES  NO 4 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
zero-bracket amount effective income tax rate