Elsey Kirbee

Tax Brackets 2024 Single Filers. In 2024, a single filer making $48,000 of taxable income pays a 10% tax rate on $11,600 of their earnings, a 12% tax rate on the portion of the earnings between $11,601 and. Here’s how that works for a single person with taxable income of $58,000 per year:

To figure out your tax bracket, first look at the rates for the filing status you plan to use: Find the standard deduction, amt thresholds and other tax changes for filing in 2025.