2024 Tax Brackets For Single Filers. In 2024, the top tax rate of 37% applies to those earning over $609,350 for individual single filers, up from $578,125 last year. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.

For the 2024 tax year, the adjusted gross income (agi) amount for joint filers to determine the reduction in the lifetime learning credit is $160,000; Your marginal—or top—tax rate is 22%.