2024 Standard Deductions And Tax Rates. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. For the tax year 2025, the top tax rate is 37% for individual single taxpayers with incomes greater than $626,350 ($751,600 for married couples filing jointly).

Tax brackets and tax rates. You pay tax as a percentage of your income in layers called tax brackets.