Marginal tax rate: What it is and how to find yours
In a progressive tax system like ours, more than one tax rate applies to your income. Your marginal rate is your top tax rate.
5 min read
Jul 02, 2025
Anna-Louise Jackson
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15Years of experience
EXPERTISE
- Financial markets
- Taxes
- Investing
- Personal finance
- Economic policy
Anna-Louise Jackson is a contributor to Bankrate, covering taxes and personal finance. Jackson's career began about 15 years ago at Bloomberg, where she covered financial markets and the economy. She's since written about personal finance topics for CNBC, The Associated Press, The Wall Street Journal, Time, Money, NerdWallet. Her reporting has also been published by Bloomberg Businessweek, Fast Company and Success. Jackson enjoys making complex topics more understandable for readers.
Anna-Louise's latest articles
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What is adjusted gross income (AGI) and why does it matter?
Your adjusted gross income, or AGI, is your gross income minus a handful of items. Here’s how it works and why it matters.
4 min read Jun 23, 2025 -
Gross vs. net income: What you need to know to manage your finances
Knowing the difference between gross and net income can help you better manage your financial situation.
4 min read Jun 06, 2025 -
What is FICA tax? Here’s what you need to know about payroll taxes
FICA tax, also known as payroll tax, is what almost all workers have to pay for Social Security and Medicare.
4 min read Jun 05, 2025 -
Short-term capital gains tax: What it is, what the rates are and how to reduce your taxes
Paying attention to short-term capital gains tax rates can help you save money in the long run.
4 min read Jun 02, 2025 -
Roth IRA rules you should know during tax season — and all year long
There are a lot of reasons to love Roth IRAs, but the tax rules governing them are complex. Here’s what you should know.
7 min read May 31, 2025 -
OASDI tax: What it is, how it works and who pays it
OASDI tax is another name for the Social Security taxes that are withheld from our paychecks and sent to the IRS.
4 min read May 29, 2025 -
Schedule E: How to use this tax form to report rental income and losses
Schedule E is a tax form used to report rental property income and expenses. Here’s what you should know.
4 min read May 25, 2025