2023-2024 Tax Brackets and Federal Income Tax Rates
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2023-2024 Tax Brackets and Federal Income Tax Rates

The federal income tax rates are set by law and apply to all taxpayers in the United States. The rates are progressive, meaning that the higher your taxable income, the higher the percentage of your income you will pay in taxes.

There are seven federal income tax rates in 2023 and 2024: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. Your taxable income and filing status determine which tax bracket you’re in.

Tax Brackets for Single Filers

Tax BracketTaxable IncomeTax Rate
10%$11,000 or less10%
12%$11,001 – $48,05012%
22%$48,051 – $91,15022%
24%$91,151 – $182,95024%
32%$182,951 – $226,90032%
35%$226,901 – $539,90035%
37%$539,901 or more37%

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Tax Brackets for Married Couples Filing Jointly

Tax BracketTaxable IncomeTax Rate
10%$23,000 or less10%
12%$23,001 – $100,30012%
22%$100,301 – $190,15022%
24%$190,151 – $336,75024%
32%$336,751 – $459,75032%
35%$459,751 – $647,85035%
37%$647,851 or more37%

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Tax Brackets for Heads of Household

Tax BracketTaxable IncomeTax Rate
10%$14,650 or less10%
12%$14,651 – $53,70012%
22%$53,701 – $108,30022%
24%$108,301 – $199,95024%
32%$199,951 – $243,35032%
35%$243,351 – $587,05035%
37%$5