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2024 Federal Income Tax Brackets

Find out your 2024 federal income tax bracket with user friendly IRS tax tables for married individuals filing joint returns, heads of households, unmarried individuals, married individuals filing separate returns, and estates and trusts.1

 

 

Married Individuals Filing Joint Returns, & Surviving Spouses

Taxable Income

2024 Tax

Not over $23,200

10% of taxable income

Over $23,200 but not over $94,300

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

Over $94,300 but not over $201,050

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

Over $201,050 but not over $383,900

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

Over $383,900 but not over $487,450

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

Over $487,450 but not over $731,200

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

Over $731,200

$196,669.50 plus 37% of the excess over $731,200

 

Heads of Households

 

Taxable Income

2024 Tax

Not over $16,550

10% of the taxable income

Over $16,550 but not over $63,100

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

Over $63,100 but not over $100,500

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

Over $100,500 but not over $191,950

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

Over $191,950 but not over $243,700

$37,417 plus 32% of the excess over $191,150

Over $243,700 but not over $609,350

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

Over $609,350

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

 

Unmarried Individuals (other than surviving spouses and heads of households)

 

Taxable Income

2024 Tax

Not over $11,600

10% of the taxable income

Over $11,600 but not over $47,150

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

Over $47,150 but not over $100,525

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

Over $100,525 but not over $191,950

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

Over $191,950 but not over $243,725

$39,110.50 plus 32% of the excess over $191,150

Over $243,725 but not over $609,350

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

Over $609,350

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

 

Married Individuals Filing Separate Returns

 

Taxable Income

2024 Tax

Not over $11,600

10% of the taxable income

Over $11,600 but not over $47,150

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

Over $47,150 but not over $100,525

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

Over $100,525 but not over $191,950

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

Over $191,950 but not over $243,725

$39,110.50 plus 32% of the excess over $191,150

Over $243,725 but not over $365,600

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

 

Over $365,600        

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

 

Estates & Trusts

 

Taxable Income

2024 Tax

Not over $3,100

10% of the taxable income

Over $3,100 but not over $11,150

$310 plus 24% of the excess over $3,100

Over $11,150 but not over $15,200

$2,242 plus 35% of the excess over $11,150

Over $15,200

$3,659.50 plus 37% of the excess over $15,200

 

 

Planning Tip

 

When looking at your federal income tax bracket, pay attention first to your last bracket. Why? That’s where you start to pocket cash when you find a new or additional tax deduction.

 

Example: You are married. You and your spouse have taxable income of $210,000. That puts the two of you in the 24 percent federal income tax bracket. If you can find $10,000 in new deductions, you pocket $2,400.

 

If you're already a subscriber to the Tax Reduction Letter, you will be prompted to log in when you CLICK HERE.

If you are not yet a subscriber, CLICK HERE. You'll get a no-obligation 7-day FREE trial during which you can read all of our helpful tax saving tips from the last two months. This trial is absolutely free and there are no strings attached.


 

1    Rev. Proc. 2024-34.

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