Tax Brackets 2024 Single. If you start now, you can make plans to reduce your 2024 tax bill. There are seven tax brackets for most ordinary income for the 2023 tax year:

Prior to tjca, the marginal tax. In this article, we’ll break down how federal income tax brackets work, the difference between marginal and effective tax rates, the tax brackets for 2024, and how to lower your taxable income.