2024 Tax Rates For A Single Taxpayer. The highest earners fall into the 37% range, while those who earn. For the 2023 tax year, the additional standard deduction amounts are $1,850 for single filers or heads of household and $1,500 for married filers or qualifying widow(er)s.

Your marginal—or top—tax rate is 22%. Thus, if you are a single taxpayer and have a taxable income of $609,351 or higher, putting you in the highest tax bracket, you are not paying that bracket’s rate (37%) on.