Your marginal tax rate is the highest tax rate you’ll pay on your income, based on your federal income tax bracket. Learn more about this tax rate.

The highest tax rate you'll pay on your income is called the marginal tax rate. The United States has a progressive tax system, which means that different tiers of income are taxed at varying rates.

Many times I will get a farmer to ask me what their marginal tax bracket is. But they also want to know what the average rate they paid on their total income. These are two different numbers. The ...