2024 Tax Rates And Standard Deductions Chart. Here's how those break out by filing. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. Here’s how those break out by filing.