2024 Tax Rates Single. 10%, 12%, 22%, 24%, 32%, 35% and 37%. 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 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: The budget 2024 announced a rs.25,000 hike in the standard.