2024 Tax Overview
Explore the 2024 tax brackets and income tax rates for all filing statuses. Stay informed!
Tax Brackets 2024 Tax Year
The 2024 tax brackets and income tax rates apply to income earned during the 2024 calendar year, with taxes due by April 15, 2025. The IRS typically begins accepting tax returns in late January 2025, with the exact start date to be announced. Below is a detailed breakdown of the total taxes owed for different filing statuses, including single filers, joint filers, heads of household, and those married filing separately.
Single Filers:Single Filers:
Tax Rate Taxable Income Bracket Tax Owed Calculation
10% $0 to $11,000 10% of taxable income
12% $11,001 to $44,725 $1,100 + 12% of the amount over $11,000
22% $44,726 to $95,375 $5,147 + 22% of the amount over $44,725
24% $95,376 to $182,100 $16,290 + 24% of the amount over $95,375
32% $182,101 to $231,250 $37,104 + 32% of the amount over $182,100
35% $231,251 to $578,125 $52,832 + 35% of the amount over $231,250
37% Over $578,125 $174,238.25 + 37% of the amount over $578,125
Married Filing Jointly:
Tax Rate Taxable Income Bracket Tax Owed Calculation
10% $0 to $22,000 10% of taxable income
12% $22,001 to $89,450 $2,200 + 12% of the amount over $22,000
22% $89,451 to $190,750 $10,294 + 22% of the amount over $89,450
24% $190,751 to $364,200 $32,580 + 24% of the amount over $190,750
32% $364,201 to $462,500 $74,208 + 32% of the amount over $364,200
35% $462,501 to $693,750 $105,664 + 35% of the amount over $462,500
37% Over $693,750 $186,601.50 + 37% of the amount over $693,750
Head of Household:
Tax Rate Taxable Income Bracket Tax Owed Calculation
10% $0 to $15,700 10% of taxable income
12% $15,701 to $59,850 $1,570 + 12% of the amount over $15,700
22% $59,851 to $95,350 $6,868 + 22% of the amount over $59,850
24% $95,351 to $182,100 $14,678 + 24% of the amount over $95,350
32% $182,101 to $231,250 $35,498 + 32% of the amount over $182,100
35% $231,251 to $578,100 $51,226 + 35% of the amount over $231,250
37% Over $578,100 $172,623 + 37% of the amount over $578,100
Married Filing Separately:
Tax Rate Taxable Income Bracket Tax Owed Calculation
10% $0 to $11,000 10% of taxable income
12% $11,001 to $44,725 $1,100 + 12% of the amount over $11,000
22% $44,726 to $95,375 $5,147 + 22% of the amount over $44,725
24% $95,376 to $182,100 $16,290 + 24% of the amount over $95,375
32% $182,101 to $231,250 $37,104 + 32% of the amount over $182,100
35% $231,251 to $346,875 $52,832 + 35% of the amount over $231,250
37% Over $346,875 $93,300.75 + 37% of the amount over $346,875
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