2024 Tax Rates Married Filing Jointly. In 2024, a single filer making $48,000 of taxable income pays a 10% tax rate on $11,600 of their earnings, a 12% tax rate on the portion of the earnings between $11,601 and. The filing statuses are single, head of household, married filing jointly, married filing separately, and qualifying widow (er).
When you are looking at the federal tax brackets, you are able to determine which tax rate applies to you for the current tax season which allows you to go on and determine how much tax you. For 2024, the irs made adjustments to federal income tax brackets to account for inflation, including raising the standard deduction to $14,600 (up from $13,850) for single filers and.
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