2024 Tax Brackets Single. For 2024, there are seven federal tax rates: In 2024, a single filer making $48,000 of taxable income pays a 10% tax rate on $11,600 of their earnings, a 12% tax rate on the portion of the earnings between $11,601 and.
Here we outline the 2023 tax brackets and corresponding 2023 tax rates. In tax adjustments announced last year, for example, the irs raised single filersโ standard deduction by $750 between the 2023 and 2024 tax years โ and by $1,500 and.