2024 Tax Brackets Single Filing Jointly. For 2024, inflation adjustments increased the size of tax brackets by about 5.4%. Your bracket depends on your taxable income and filing status.
For 2025, the standard tax deduction for single filers has been raised to $15,000, a $400 increase from 2024. Staying at 37% for single taxpayers with incomes over $626,350 and.