A related change is the shift in income tax brackets for 2022 [1] vs. 2023 [2].

Tax bracket thresholds for individuals:

  Rate      2022      2023
   35%  $215,950  $231,250
   32%  $170,050  $182,100
   24%   $89,075   $95,375
   22%   $41,775   $44,725
   12%   $10,275   $11,000

Tax bracket thresholds for married filing jointly:

  Rate      2022      2023
   35%  $431,900  $462,500
   32%  $340,100  $364,200
   24%  $178,150  $190,750
   22%   $83,550   $89,450
   12%   $20,550   $22,000

[1]: https://www.irs.gov/newsroom/irs-provides-tax-inflation-adju...

[2]: https://www.irs.gov/newsroom/irs-provides-tax-inflation-adju...