2024 Tax Brackets Single Vs Married. The change will raise the top tax rate of 37% to $609,350 for individuals and $731,200 for married couples filing jointly—up from the current tax season’s threshold. Higher income brackets benefit from larger increases in the.

For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. For example, if your taxable income is $50,000 and you are filing as a single taxpayer, you would multiply $50,000 by the tax rate for single filers (which is currently.