Tax Brackets 2024 Married Separately. You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).
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). Knowing your federal tax bracket is essential, as it determines your federal income tax rate for the year.
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