Single
| Tax Rate | Taxable Income Range | Tax on Bracket |
|---|---|---|
| 10% | $0 – $11,600 | up to $1,160 |
| 12% | $11,600 – $47,150 | up to $4,266 |
| 22% | $47,150 – $100,525 | up to $11,743 |
| 24% | $100,525 – $191,950 | up to $21,942 |
| 32% | $191,950 – $243,725 | up to $16,568 |
| 35% | $243,725 – $609,350 | up to $127,969 |
| 37% | $609,350 – and above | — |
Standard deduction (Single): $14,600 | Additional 65+: +$1,950
Married Filing Jointly
| Tax Rate | Taxable Income Range | Tax on Bracket |
|---|---|---|
| 10% | $0 – $23,200 | up to $2,320 |
| 12% | $23,200 – $94,300 | up to $8,532 |
| 22% | $94,300 – $201,050 | up to $23,485 |
| 24% | $201,050 – $383,900 | up to $43,884 |
| 32% | $383,900 – $487,450 | up to $33,136 |
| 35% | $487,450 – $731,200 | up to $85,313 |
| 37% | $731,200 – and above | — |
Standard deduction (Married Filing Jointly): $29,200 | Additional 65+: +$1,550
Married Filing Separately
| Tax Rate | Taxable Income Range | Tax on Bracket |
|---|---|---|
| 10% | $0 – $11,600 | up to $1,160 |
| 12% | $11,600 – $47,150 | up to $4,266 |
| 22% | $47,150 – $100,525 | up to $11,743 |
| 24% | $100,525 – $191,950 | up to $21,942 |
| 32% | $191,950 – $243,725 | up to $16,568 |
| 35% | $243,725 – $365,600 | up to $42,656 |
| 37% | $365,600 – and above | — |
Standard deduction (Married Filing Separately): $14,600
Head of Household
| Tax Rate | Taxable Income Range | Tax on Bracket |
|---|---|---|
| 10% | $0 – $16,550 | up to $1,655 |
| 12% | $16,550 – $63,100 | up to $5,586 |
| 22% | $63,100 – $100,500 | up to $8,228 |
| 24% | $100,500 – $191,950 | up to $21,948 |
| 32% | $191,950 – $243,700 | up to $16,560 |
| 35% | $243,700 – $609,350 | up to $127,977 |
| 37% | $609,350 – and above | — |
Standard deduction (Head of Household): $21,900 | Additional 65+: +$1,950
Example: $75,000 Income (Single, 2024)
Effective rate: 15.4% | Marginal rate: 22%
Frequently Asked Questions
What are the 2024 federal income tax brackets?
For 2024, there are 7 marginal tax rates: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. The specific income ranges depend on your filing status (Single, Married Filing Jointly, Married Filing Separately, or Head of Household).
What is the standard deduction for 2024?
The 2024 standard deduction is $14,600 for Single filers, $29,200 for Married Filing Jointly, $14,600 for Married Filing Separately, and $21,900 for Head of Household.
How do I calculate my 2024 tax?
Apply each tax rate only to the income within that bracket. For example, a Single filer earning $75,000 in 2024 would owe approximately $11,553 in federal income tax (before credits), for an effective rate of 15.4%.
Source: IRS Revenue Procedure for tax year 2024. Bracket thresholds are adjusted annually for inflation. This is not tax advice.