Tax Brackets 2024 Single Taxable Income. But some of your income will be taxed in lower tax. For comparison, the standard deduction amounts for single taxpayers and married taxpayers filing separately was $14,600 in 2024.
The top marginal income tax rate of 37 percent will hit taxpayers with taxable income. For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%.