Irs Tax Tables 2024. The top tax rate, which remains 37%, will cover incomes greater than $626,350 for single taxpayers in tax year 2025, for example โ compared to $609,350 in 2024. Each year, the federal government sets tax brackets that include unique tax rates for different levels of income that individuals use when filing.
Your bracket depends on your taxable income and filing status. The irs has released its 2024 tax brackets (the bracketed tax rate table for irs federal income tax rates).