Us Tax Brackets 2024 Married Or Single. The standard deduction for 2023. Assume you filed as single and had a taxable income of $90,000 for the 2024 tax year (filing for 2024).
These tax brackets were put in place by the tax cuts and jobs. The federal income tax has seven tax rates in 2024:
These Different Categories Are Called Filing Statuses.
10%, 12%, 22%, 24%, 32%, 35%, and 37%.
What Are The Standard Deductions For Tax Year 2024?
You will be subject to the third tax.
Us Tax Brackets 2024 Married Or Single Images References :
The Federal Income Tax Has Seven Tax Rates In 2024:
Find the current tax rates for other filing statuses.
This Page Has The Latest Federal Brackets And Tax Rates, Plus A Federal Income Tax Calculator.
Hereโs how that works for a single person earning $58,000 per year: