2024 New Tax Brackets USA | 2024 Federal Income Tax Brackets
You’re looking for the US federal income tax brackets for the 2024 tax year! These brackets apply to the 2024 tax year, for income earned from January 1, 2024, to December 31, 2024.
Here they are:
2024 Federal Income Tax Brackets
| Tax Rate | Single Filers | Married Filing Jointly | Head of Household |
|---|---|---|---|
| 10% | Up to $11,600 | Up to $23,200 | Up to $16,550 |
| 12% | $11,601 to $47,150 | $23,201 to $94,300 | $16,551 to $63,100 |
| 22% | $47,151 to $100,525 | $94,301 to $201,050 | $63,101 to $100,500 |
| 24% | $100,526 to $191,950 | $201,051 to $383,900 | $100,501 to $191,950 |
| 32% | $191,951 to $243,725 | $383,901 to $487,450 | $191,951 to $243,700 |
| 35% | $243,726 to $609,350 | $487,451 to $731,200 | $243,701 to $609,350 |
| 37% | Over $609,350 | Over $731,200 | Over $609,350 |
Important Notes:
- These brackets apply to the 2024 tax year, for income earned from January 1, 2024, to December 31, 2024. You’ll use these brackets when filing your taxes in 2025.
- These are just the federal income tax brackets. Your state may also have its own income tax.
- The US tax system is progressive, meaning you pay different rates on different portions of your income. For example, a single filer earning $60,000 wouldn’t pay 22% on the entire amount, but only on the portion of income within the 22% bracket.
For a more personalized understanding of how these brackets apply to you, it’s always best to consult a tax professional or use online tax software.
