Tax Brackets 2024 Single Filing Status. The top marginal income tax rate of 37 percent will hit. Choosing your correct tax filing status will determine your federal tax bracket and the amount of tax you pay, as well as your standard deduction.

There are seven tax brackets for most ordinary income for the 2023 tax year: The 2024 union budget introduced some modifications regarding the aadhaar card, stt, tds rate, and the direct tax vivad se.