Tax Bracket 2024 Usa Withholding

Tax Bracket 2024 Usa Withholding. You pay tax as a percentage of your income in layers called tax brackets. Single, married filing jointly or qualifying widow (er), married filing separately and head of household.

As your income goes up, the tax rate on the next layer of income is higher. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).