Taxable Income Brackets 2024. For 2024, the top rate of 37% applies to individuals with taxable income above $609,350 and married couples filing jointly earning $731,200. The tax brackets consist of the following marginal rates:
10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. Your taxable income, which is your total income minus certain deductions and exemptions, falls into a specific tax bracket.