Tax Brackets 2024 Single Vs Married. Head of household filers will see the standard deduction increase to $22,500 from $21,900, while those who are married but file separately will see an increase to. A tax bracket is a range of income that’s taxed at a specified rate.

For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. The old tax regime versus the new tax regime debate is currently abounding, and so, in addition to covering the technicalities of the new tax regime slabs,.