Us Tax Brackets 2024 Married Jointly Vs Single. 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). You pay tax as a percentage of your income in layers called tax brackets.
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). The standard deduction is the fixed amount the irs allows you to deduct from your annual income even if you.