Us Income Tax Brackets 2024 Single. When you are looking at the federal tax brackets, you are able to determine which tax rate applies to you for the current tax. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly).
The tax cuts and jobs act (tcja) made many significant, but temporary, changes to the individual income tax code to lower tax rates, widen brackets, increase. The tax rates continue to increase as someoneโs income moves into higher.
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