Tax Bracket 2024 Single Filers. For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. When your income jumps to a higher tax bracket, you don't pay the.
In 2024, the top tax rate of 37% applies to those earning over $609,350 for individual single filers, up from $578,125 last year. The maximum earned income tax credit in 2024 for single and joint filers is $632 if the filer has no children (table 5).
Tax Bracket 2024 Single Filers Images References :