2024 Income Tax Brackets Single. — 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%. — for single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
There are seven tax brackets for most ordinary income for the 2023 tax year: The agency has boosted the income thresholds for each.
