Irs Tax Brackets 2024 Single Filer. The federal income tax has seven tax rates in 2024: For example, a hypothetical single filer would owe 10% on the first $11,600 of taxable income in 2024 whether that amount represents their total earnings, or they earn.
If your income hasn’t kept pace with inflation this year, you may soon get some financial relief in the form of a tax cut. This applies to unmarried individuals, as well as those who are divorced or legally separated at the end of the tax.