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. It is mainly intended for residents of the u.s.
There are seven different income tax rates:. Last year continued the historic pace of income tax rate reductions.
These Changes Are Now Law.
The income tax calculator estimates the refund or potential owed amount on a federal tax return.
See Current Federal Tax Brackets And Rates Based On Your Income And Filing Status.
2024 federal income tax rates.
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These Rates Apply To Your Taxable Income.
In 2024, the top tax rate of 37% applies to those earning over $609,350 for individual single filers, up from $578,125 last year.
To Achieve Greater Progressivity, The Top Marginal Personal Income Tax Rate Will Be Increased With Effect From Ya 2024.
