Irs Tax Brackets 2024 Single Filer. The standard deduction amounts for 2024 are: The internal revenue service (irs) uses tax brackets to determine the income tax you owe.

For example, in 2024 a single filer will pay a 10 percent tax rate on income up to $11,600. The next tax bracket is 12% of taxable income levels between $11,601 to $47,150.