For 2024, the irs made adjustments to federal income tax brackets to account for inflation, including raising the standard deduction to $14,600 (up from $13,850) for single filers. The table below shows the tax brackets for the federal income tax, and it reflects the rates for the 2023 tax year, which are the taxes due in early 2024.
10, 12, 22, 24, 32, 35, and 37 percent. For a single taxpayer, the rates are:
2024 Income Tax Brackets For Single Filers Images References :