Tax Brackets 2024 Single. Find the current tax rates for other filing statuses. This is called being in the 12% tax bracket. but you won't pay 12%.
You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years. Here’s how that works for a single person with taxable income of $58,000 per year: