2024 Tax Rates Single Irs. 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%. The tax rates continue to increase as someone’s income moves into higher brackets.
The top marginal tax rate in tax year 2024, will remain at 37% for single individuals with incomes greater than $609,350. The federal income tax has seven tax rates in 2024: