Tax Brackets 2024 Head Of Household And Single. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; There are seven federal tax brackets for tax year 2024.
Your bracket depends on your taxable income and filing status. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.