Us Income Tax Brackets 2024 Irs. The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly. For those in the top tax bracket, the rate dropped to 37% from 39.6%.

For example, let’s say your income is $47,500, and you earn $500 in bank bonuses, bringing your total taxable income to $48,000. Calculate your federal, state and local taxes for the current filing year with our free income tax calculator.