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2024 INCOME TAX RATES

 

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In 2024 and 2025, there are seven federal income tax rates and brackets: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Taxable income and filing status determine which federal tax rates apply to you and how much in taxes you'll owe that year.

The federal tax rates will remain the same through the end of 2025 as a result of the Tax Cuts and Jobs Act of 2017. However, the IRS can adjust income thresholds that inform those tax brackets each year to reflect the rate of inflation.

» Ready to crunch the numbers? Estimate your refund or bill with NerdWallet's tax calculator

2024 tax brackets and income tax rates

The 2024 tax brackets apply to income earned this year, which is reported on tax returns filed in 2025.

2024 tax brackets (taxes due April 2025)

Tax rate

Single

Married filing jointly

Married filing separately

Head of household

10%

$0 to $11,600

$0 to $23,200

$0 to $11,600

$0 to $16,550

12%

$11,601 to $47,150

$23,201 to $94,300

$11,601 to $47,150

$16,551 to $63,100

22%

$47,151 to $100,525

$94,301 to $201,050

$47,151 to $100,525

$63,101 to $100,500

24%

$100,526 to $191,950

$201,051 to $383,900

$100,526 to $191,950

$100,501 to $191,950

32%

$191,951 to $243,725

$383,901 to $487,450

$191,951 to $243,725

$191,951 to $243,700

35%

$243,726 to $609,350

$487,451 to $731,200

$243,726 to $365,600

$243,701 to $609,350

37%

$609,351 or more

$731,201 or more

$365,601 or more

$609,351 or more

Tax brackets 2024: Single filers

Tax rate

Taxable income bracket

Tax owed

10%

$0 to $11,600.

10% of taxable income.

12%

$11,601 to $47,150.

$1,160 plus 12% of the amount over $11,600.

22%

$47,151 to $100,525.

$5,426 plus 22% of the amount over $47,150.

24%

$100,526 to $191,950.

$17,168.50 plus 24% of the amount over $100,525.

32%

$191,951 to $243,725.

$39,110.50 plus 32% of the amount over $191,950.

35%

$243,726 to $609,350.

$55,678.50 plus 35% of the amount over $243,725.

37%

$609,351 or more.

$183,647.25 plus 37% of the amount over $609,350.

Tax brackets 2024: Married filing jointly

Tax rate

Taxable income bracket

Taxes owed

10%

$0 to $23,200.

10% of taxable income.

12%

$23,201 to $94,300.

$2,320 plus 12% of the amount over $23,200.

22%

$94,301 to $201,050.

$10,852 plus 22% of the amount over $94,300.

24%

$201,051 to $383,900.

$34,337 plus 24% of the amount over $201,050.

32%

$383,901 to $487,450.

$78,221 plus 32% of the amount over $383,900.

35%

$487,451 to $731,200.

$111,357 plus 35% of the amount over $487,450.

37%

$731,201 or more.

$196,669.50 + 37% of the amount over $731,200.

Tax brackets 2024: Married filing separately

Tax rate

Taxable income bracket

Taxes owed

10%

$0 to $11,600.

10% of taxable income.

12%

$11,601 to $47,150.

$1,160 plus 12% of the amount over $11,600.

22%

$47,151 to $100,525.

$5,426 plus 22% of the amount over $47,150.

24%

$100,526 to $191,950.

$17,168.50 plus 24% of the amount over $100,525.

32%

$191,951 to $243,725.

$39,110.50 plus 32% of the amount over $191,950.

35%

$243,726 to $365,600

$55,678.50 plus 35% of the amount over $243,725.

37%

$365,601 or more.

$98,334.75 plus 37% of the amount over $365,600.

Tax brackets 2024: Head of household

Tax rate

Taxable income bracket

Tax owed

10%

$0 to $16,550.

10% of taxable income.

12%

$16,551 to $63,100.

$1,655 plus 12% of the amount over $16,550.

22%

$63,101 to $100,500.

$7,241 plus 22% of the amount over $63,100.

24%

$100,501 to $191,950.

$15,469 plus 24% of the amount over $100,500.

32%

$191,951 to $243,700.

$37,417 plus 32% of the amount over $191,950.

35%

$243,701 to $609,350.

$53,977 plus 35% of the amount over $243,700.

37%

$609,351 or more.

$181,954.50 plus 37% of the amount over $609,350.