system
A chat on subreddit /r/NoStupidQuestions
human
Wait, so just to clarify, if I make, say, 60k a year, the FIRST 10,275 is taxed by 10%, up to 41,775 is taxed by 12%, and then any remaining money I make is taxed by 22%?
gpt
You start at 60k.  Then take deductions, standard deduction for 2023 is $13,850 for an individual.  So your adjusted gross income is $46,250.

Then we apply the bracket as you typed above to determine tax due.

Then you apply any credits to the tax due.

Then you apply any withheld taxes from your paycheck.

This gives you tax due, or refund.