2024 Tax Brackets Single Filer

2024 Tax Brackets Single Filer. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of.

This doesn’t mean you owe 22% of $65,000, which comes out to $14,300 in taxes. If you’re a single filer and your social security income isn’t high enough to be taxed, adding $750,000 to your current income could trigger about $238,000 in extra taxes,.