What are the federal tax rates for 2024?

by TurboTax•1496• Updated 4 months ago

Select your filing status below to see what tax bracket you're in and the formula for your 2024 federal income taxes. These formulas apply to taxable (not gross) income and don't factor in tax credits, such as the Earned Income Tax Credit or the Child Tax Credit.

Single

2024 taxable income	Tax formula	Sample calculations
Not over $11,600	10% of the taxable income	$5,000 income = $500 tax
Over $11,600 but not over $47,150	$1,160 plus 12% of the excess over $11,600	$25,000 income = $2,768 tax
Over $47,150 but not over $100,525	$5,426 plus 22% of the excess over $47,150	$50,000 income = $6,053 tax
Over $100,525 but not over $191,950	$17,168.50 plus 24% of the excess over $100,525	$100,600 income = $17,186.50 tax
Over $191,950 but not over $243,725	$39,110.50 plus 32% of the excess over $191,950	$200,000 income = $41,686.50 tax
Over $243,725 but not over $609,350	$55,678.50 plus 35% of the excess over $243,725	$400,000 income = $110,374.80 tax
Over $609,350	$183,647.25 plus 37% of the excess over $609,350	$800,000 income = $254,187.80 tax

Head of Household

2024 taxable income	Tax formula	Sample calculations
Not over $16,550	10% of the taxable income	$5,000 income = $500 tax
Over $16,550 but not over $63,100	$1,655 plus 12% of the excess over $16,550	$50,000 income = $5,669 tax
Over $63,100 but not over $100,500	$7,241 plus 22% of the excess over $63,100	$75,000 income = $9,859 tax
Over $100,500 but not over $191,950	$15,469 plus 24% of the excess over $100,500	$100,600 income = $15,493 tax
Over $191,950 but not over $243,700	$37,417 plus 32% of the excess over $191,150	$200,000 income = $40,249 tax
Over $243,700 but not over $609,350	$53,977 plus 35% of the excess over $243,700	$400,000 income = $108,682 tax
Over $609,350	$181,954.50 plus 37% of the excess over $609,350	$800,000 income = $252,495 tax

Married Filing Jointly and Surviving Spouse

2024 taxable income	Tax formula	Sample calculations
Not over $23,200	10% of the taxable income	$5,000 income = $500 tax
Over $23,200 but not over $94,300	$2,320 plus 12% of the excess over $23,200	$50,000 income = $5,536 tax
Over $94,300 but not over $201,050	$10,852 plus 22% of the excess over $94,300	$100,600 income = $12,238 tax
Over $201,050 but not over $383,900	$34,337 plus 24% of the excess over $201,050	$220,000 income = $38,885 tax
Over $383,900 but not over $487,450	$78,221 plus 32% of the excess over $383,900	$400,000 income = $83,373 tax
Over $487,450 but not over $731,200	$111,357 plus 35% of the excess over $487,450	$600,000 income = $150,749.50 tax
Over $731,200	$196,669.50 plus 37% of the excess over $731,200	$800,000 income = $222,125.50 tax

Married Filing Separately

2024 taxable income	Tax formula	Sample calculations
Not over $11,600	10% of the taxable income	$5,000 income = $500 tax
Over $11,600 but not over $47,150	$1,160 plus 12% of the excess over $11,600	$25,000 income = $2,768 tax
Over $47,150 but not over $100,525	$5,426 plus 22% of the excess over $47,150	$50,000 income = $6,053 tax
Over $100,525 but not over $191,950	$17,168.50 plus 24% of the excess over $100,525	$100,600 income = $17,186.50 tax
Over $191,950 but not over $243,725	$39,110.50 plus 32% of the excess over $191,150	$200,000 income = $41,686.50 tax
Over $243,725 but not over $365,600	$55,678.50 plus 35% of the excess over $243,725	$300,000 income = $75,374.75 tax
Over $365,600	$98,334.75 plus 37% of the excess over $365,600	$400,000 income = $111,063.75 tax

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