2024 Federal Tax Brackets For Single Filers. The irs adjusted 2025 tax brackets for inflation, increasing income thresholds by about 2.8% from 2024, allowing more income to be taxed at lower rates. Here are the updated tax brackets for individuals and married filers for tax year 2025:
The top tax rate remains 37% in 2024. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.