2024 Standard Deductions And Tax Brackets

2024 Standard Deductions And Tax Brackets. 37% for individual single taxpayers with incomes greater than $609,350 and for married couples who file a joint return with incomes. The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.

The irs has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation. These are not the tax rates and other numbers for 2023 (you’ll find the official 2023 tax rates here).