2024 Tax Rates Single Taxpayer. For tax year 2024, the top tax rate remains 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing. The government changed the income tax laws under the new tax regime in the july 2024 budget, increasing its attractiveness compared to the old tax regime.this was.
For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. To figure out your tax bracket, first look at the rates for the filing status you plan to use:
2024 Tax Rates Single Taxpayer Images References :