Single Filer Tax Bracket 2024

Single Filer Tax Bracket 2024. When you are looking at the federal tax brackets, you are able to determine which tax rate applies to you for the current tax. The standard tax deduction is a set amount that taxpayers are automatically allowed to deduct from their taxable income, thus lowering.

The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: Here’s how that works for a single person earning $58,000 per year: