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- Federal income tax brackets for single filers in 202412:
- 10%: Up to $11,000
- 12%: $11,001 to $44,275
- 22%: $44,276 to $95,375
- 24%: $95,376 to $182,100
- 32%, 35%, and 37%: Higher income levels
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.For single filers, the amount of tax you owe depends on your income bracket:
- The first $11,000 of your income is taxed at 10%.
- Income between $11,001 and $44,275 is taxed at 12%.
www.besttaxpro.com/navigating-tax-brackets-a-sim…The federal income tax has seven tax rates in 2024: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly.taxfoundation.org/data/all/federal/2024-tax-brackets/ - People also ask
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- There are seven federal income tax brackets, ranging from 10% to 37%. Your tax bracket is determined by your taxable income and filing status. The 2022 and 2023 tax brackets remain unchanged but the thresholds that inform those tax brackets are adjusted annually for inflation.
- Estimated Reading Time: 3 mins
- Published: Jan 25, 2018
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