Tax Brackets 2024 Single Taxable Income. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; 10%, 12%, 22%, 24%, 32%, 35% and 37%.

For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). Your bracket depends on your taxable income and filing status.