Jane Roanna

2024 Tax Brackets Single Filing. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household. Your bracket depends on your.

For 2023, the lowest tax rate, 10%, applies to your first $11,000 of taxable income if you’re a single filer. To figure out your tax bracket, first look at the rates for the filing status you plan to use: