Single Filer Tax Brackets 2024. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. For 2024, the irs made adjustments to federal income tax brackets to account for inflation, including raising the standard deduction to $14,600 (up from $13,850) for single filers.
For example, a hypothetical single filer would owe 10% on the first $11,600 of taxable income in 2024 whether that amount represents their total earnings, or they earn. The top marginal income tax rate of 37 percent will hit.
Single Filer Tax Brackets 2024 Images References :
