2024 Income Tax Brackets And Tax Rate 2024. Your taxable income is your income after various deductions, credits, and exemptions have been. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly).

Your taxable income and filing status determine both the tax rate and bracket that apply to you, outlining the amount you’ll owe on different portions of your. There are no changes in.