Lexis Opaline

2024 Income Tax Brackets Single Filer. Yep, this year the income limits for all tax brackets will be adjusted for inflation, so let’s take a closer look at what tax rates and tax brackets are and how they change how much. The federal income tax rates and their corresponding income ranges for tax year 2024 (the tax return you file in 2025):

Using the 2024 regular income tax rate schedule above for a single person, joe’s federal income tax is $6,823. The standard deduction would shrink, and be valued at $8,350 for single filers, $16,700 for joint filers, and.