Tax Brackets 2024 Single Taxable Income. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; Besides, you can check how the final amount is computed.
In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1). The current tax year is from 6 april 2024 to 5 april 2025.