Us Tax Brackets 2024 Married Filing Jointly Vs Single

Us Tax Brackets 2024 Married Filing Jointly Vs Single. See current federal tax brackets and rates based on your income and filing status. You pay tax as a percentage of your income in layers called tax brackets.

Single filers are taxed at the lowest marginal tax rate of 10% on their first $11,600 in income in the 2024 tax year. The change will raise the top tax rate of 37% to $609,350 for individuals and $731,200 for married couples filing jointly—up from the current tax season’s threshold.