2024 Key Numbers
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| | 2024 Federal Income Tax Rate Schedules (Individuals, Trusts, and Estates)Single taxpayers| If taxable income is: | Your tax is: |
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| Not over $11,600 | 10% of taxable income | | Over $11,600 to $47,150 | $1,160 + 12% of the excess over $11,600 | | Over $47,150 to $100,525 | $5,426 + 22% of the excess over $47,150 | | Over $100,525 to $191,950 |
$17,168.50 + 24% of the excess over $100,525 | | Over $191,950 to $243,725 |
$39,110.50 + 32% of the excess over $191,950 | | Over $243,725 to $609,350
| $55,678.50 + 35% of the excess over $243,725
| | Over $609,350 | $183,647.25 + 37% of the excess over $609,350
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Married filing jointly and surviving spouses
| If taxable income is: | Your tax is: |
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| Not over $23,200 | 10% of taxable income
| | Over $23,200 to $94,300 | $2,320 + 12% of the excess over $23,200 | | Over $94,300 to $201,050 |
$10,852 + 22% of the excess over $94,300 | | Over $201,050 to $383,900 | $34,337 + 24% of the excess over $201,050 | | Over $383,900 to $487,450 | $78,221 + 32% of the excess over $383,900 | | Over $487,450 to $731,200 |
$111,357 + 35% of the excess over $487,450 | |
Over $731,200 |
$196,669.50 + 37% of the excess over $731,200 |
Married individuals filing separately
| If taxable income is: | Your tax is: |
|---|
| Not over $11,600 | 10% of taxable income
| | Over $11,600 to $47,150 | $1,160 + 12% of the excess over $11,600 | | Over $47,150 to $100,525
| $5,426 + 22% of the excess over $47,150 | | Over $100,525 to $191,950 | $17,168.50 + 24% of the excess over $100,525 | | Over $191,950 to $243,725 |
$39,110.50 + 32% of the excess over $191,950 | | Over $243,725 to $365,600 |
$55,678.50 + 35% of the excess over $243,725 | |
Over $365,600 | $93,334.75 + 37% of the excess over $365,600 |
Heads of household
| If taxable income is: | Your tax is: |
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| Not over $16,550 | 10% of taxable income
| | Over $16,550 to $63,100 | $1,655 + 12% of the excess over $16,550 | | Over $63,100 to $100,500 | $7,241 + 22% of the excess over $63,100 | | Over $100,500 to $191,950 | $15,469 + 24% of the excess over $100,500 | | Over $191,950 to $243,700 | $37,417 + 32% of the excess over $191,950 | | Over $243,700 to $609,350 | $53,977 + 35% of the excess over $243,700 | | Over $609,350 | $181,954.50 + 37% of the excess over $609,350 |
Trusts and estates
| If taxable income is: | Your tax is: |
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| Not over $3,100 | 10% of taxable income
| | Over $3,100 to $11,150 | $310 + 24% of the excess over $3,100 | |
Over $11,150 to $15,200 | $2,242 + 35% of the excess over $11,150 | | Over $15,200 | $3,659.50 + 37% of the excess over $15,200 |
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IMPORTANT DISCLOSURES Retirement Resources Financial Information Center is an educational resource provided for informational purposes only by Retirement Resources Investment Corporation ("Advisor"). Retirement Resources Investment Corporation is a registered investment advisor. Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, or legal advice. The information presented here is not specific to any individual's personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice. Note that any assessment presented here considers several relevant factors but many not consider all factors that are relevant to your particular needs. This information does not suggest future results nor is it intended to suggest what is prudent and appropriate for you. You should not make assumptions about the future performance of your investments based upon this information. |
| Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2024. |
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