Irs Tax Brackets 2024 Single. The top marginal tax rate in tax year 2024, will remain at 37% for single individuals with incomes greater than $609,350. You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax.
None of the seven tax rates that make up the graduated brackets have changed since last year, though the thresholds themselves have been adjusted. As your income goes up, the tax rate on the next layer of income is higher.