19301 Winmeade Drive, Suite 201, Leesburg, VA 20176

703-779-7410
rdavidson@bdafinancial.com
Schedule a Meeting
Tax

What’s My 2024 Tax Bracket?

What’s My 2024 Tax Bracket? Every year, the IRS evaluates and typically adjusts certain tax provisions to account for inflation. Below is the IRS’s latest adjustments for the 2024 tax year - including tax brackets and standard deductions.1 This material is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax, legal, and accounting professionals before modifying your tax strategy.What’s My 2024 Tax Bracket? Every year, the IRS evaluates and typically adjusts certain tax provisions to account for inflation. Below is the IRS’s latest adjustments for the 2024 tax year - including tax brackets and standard deductions.1 This material is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax, legal, and accounting professionals before modifying your tax strategy.10% Bracket—Single: Up to $11,600 Married Filing Jointly: Up to $23,200 Married Filing Separately: Up to $11,600 Head of Household: Up to $16,55010% Bracket—Single: Up to $11,600 Married Filing Jointly: Up to $23,200 Married Filing Separately: Up to $11,600 Head of Household: Up to $16,55012% Bracket—Single: $11,601 to $47,150 Married Filing Jointly: $23,201 to $94,300 Married Filing Separately: $11,601 to $47,150 Head of Household: $16,551 to $63,10012% Bracket—Single: $11,601 to $47,150 Married Filing Jointly: $23,201 to $94,300 Married Filing Separately: $11,601 to $47,150 Head of Household: $16,551 to $63,10022% Bracket—Single: $47,151 to $100,525 Married Filing Jointly: $94,301 to $201,050 Married Filing Separately: $47,151 to $100,525 Head of Household: $63,101 to $100,50022% Bracket—Single: $47,151 to $100,525 Married Filing Jointly: $94,301 to $201,050 Married Filing Separately: $47,151 to $100,525 Head of Household: $63,101 to $100,50024% Bracket—Single: $100,526 to $191,950 Married Filing Jointly: $201,051 to $383,900 Married Filing Separately: $100,526 to $191,950 Head of Household: $100,501 to $191,95024% Bracket—Single: $100,526 to $191,950 Married Filing Jointly: $201,051 to $383,900 Married Filing Separately: $100,526 to $191,950 Head of Household: $100,501 to $191,95032% Bracket—Single: $191,951 to $243,725 Married Filing Jointly: $383,901 to $487,450 Married Filing Separately: $191,951 to $243,725 Head of Household: $191,951 to $243,70032% Bracket—Single: $191,951 to $243,725 Married Filing Jointly: $383,901 to $487,450 Married Filing Separately: $191,951 to $243,725 Head of Household: $191,951 to $243,70035% Bracket—Single: $243,726 to $609,350 Married Filing Jointly: $487,451 to $731,200 Married Filing Separately: $243,726 to $365,600 Head of Household: $243,701 to $609,35035% Bracket—Single: $243,726 to $609,350 Married Filing Jointly: $487,451 to $731,200 Married Filing Separately: $243,726 to $365,600 Head of Household: $243,701 to $609,35037% Bracket—Single: Over $609,350 Married filing Jointly: Over $731,200 Married Filing Separately: Over $365,600 Head of Household: Over $609,35037% Bracket—Single: Over $609,350 Married filing Jointly: Over $731,200 Married Filing Separately: Over $365,600 Head of Household: Over $609,3502024 Standard Deduction Amounts—Single: $14,600, Married Filing Jointly: $29,200, Married Filing Separately: $14,600, Head of Household: $21,9002024 Standard Deduction Amounts—Single: $14,600, Married Filing Jointly: $29,200, Married Filing Separately: $14,600, Head of Household: $21,900

Have A Question About This Topic?

Thank you! Oops!

Related Content

Split Annuity Strategy

Split Annuity Strategy

Here's one strategy that combines two different annuities to generate income and rebuild principal.

Social Security: The Elephant in the Room

Social Security: The Elephant in the Room

Some people wonder if Social Security will remain financially sound enough to pay the benefits they are owed.

Should You Ever Retire?

Should You Ever Retire?

A growing number of Americans are pushing back the age at which they plan to retire. Or deciding not to retire at all.