Financial and Estate Planning for Everyone
Federal Tax Rates
These figures are for the 2024 tax year. Find your tax rate below.
Schedule X Single
2024 Schedule X Single Federal Tax Rates
If taxable income is over:
|
But not over:
|
The tax is:
|
$0
|
$9,950
|
10% of taxable income
|
$9,950
|
$40,525
|
$995.00 plus 12% of the amount over $9,950
|
$40,525
|
$86,375
|
$4,664.00 plus 22% of the amount over $40,525
|
$86,375
|
$164,925
|
$14,751.00 plus 24% of the amount over $86,375
|
$164,925
|
$209,425
|
$33,603.00 plus 32% of the amount over $164,925
|
$209,425
|
$523,600
|
$47,843.00 plus 35% of the amount over $209,425
|
$523,600
|
no limit
|
$157,804.25 plus 37% of the amount over $523,600
|
Schedule Y-1 Married Filing Jointly or Qualifying Widow(er)
2024 Schedule Y-1 Married Filing Jointly or Qualified Widow(er) Federal Tax Rates
If taxable income is over:
|
But not over:
|
The tax is:
|
$0
|
$19,900
|
10% of taxable income
|
$19,900
|
$81,050
|
$1,990.00 plus 12% of the amount over $19,900
|
$81,050
|
$172,750
|
$9,328.00 plus 22% of the amount over $81,050
|
$172,750
|
$329,850
|
$29,502.00 plus 24% of the amount over $172,750
|
$329,850
|
$418,850
|
$67,206.00 plus 32% of the amount over $329,850
|
$418,850
|
$628,300
|
$95,686.00 plus 35% of the amount over $418,850
|
$628,300
|
no limit
|
$168,993.50 plus 37% of the amount over $628,300
|
Schedule Y-2 Married Filing Separately
2024 Schedule Y-2 Married Filing Separately Federal Tax Rates
If taxable income is over:
|
But not over:
|
The tax is:
|
$0
|
$9,950
|
10% of taxable income
|
$9,950
|
$40,525
|
$995.00 plus 12% of the amount over $9,950
|
$40,525
|
$86,375
|
$4,664.00 plus 22% of the amount over $40,525
|
$86,375
|
$164,925
|
$14,751.00 plus 24% of the amount over $86,375
|
$164,925
|
$209,425
|
$33,603.00 plus 32% of the amount over $164,925
|
$209,425
|
$314,150
|
$47,843.00 plus 35% of the amount over $209,425
|
$314,150
|
no limit
|
$84,496.75 plus 37% of the amount over $314,150
|
Schedule Z Head of Household
2024 Schedule Z Head of Household Federal Tax Rates
If taxable income is over:
|
But not over:
|
The tax is:
|
$0
|
$14,200
|
10% of taxable income
|
$14,200
|
$54,200
|
$1,420.00 plus 12% of the amount over $14,200
|
$54,200
|
$86,350
|
$6,220.00 plus 22% of the amount over $54,200
|
$86,350
|
$164,900
|
$13,293.00 plus 24% of the amount over $86,350
|
$164,900
|
$209,400
|
$32,145.00 plus 32% of the amount over $164,900
|
$209,400
|
$523,600
|
$46,385.00 plus 35% of the amount over $209,400
|
$523,600
|
no limit
|
$156,355.00 plus 37% of the amount over $523,600
|
Source: Internal Revenue Service, 2024