Tax Brackets 2024 Single Filing

Tax Brackets 2024 Single Filing. For single filers, the standard deduction for 2024 will be $14,600, up from $13,850 this year. There are seven federal tax brackets for tax year 2024.


Tax Brackets 2024 Single Filing

For instance, a single taxpayer who earns $48,000 in 2025 will have a top marginal tax rate of 12%, whereas in 2024 the top marginal tax rate stands at 22%. The top marginal income tax rate of 37 percent will hit.

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