Tax Brackets 2024 Calculator Married Filing Jointly. Generally, as your income increases, you’ll move into a higher tax bracket where you’ll pay more taxes. The federal income tax has seven tax rates in 2024:

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. Here are the 2024 tax brackets and federal income tax rates for each filing status.