753 / What are the federal income tax rates for individuals?
The following income tax rates and income thresholds for 20241 are:
| Taxable Income | |||||
| Tax Rate | Single | Married Filing Jointly Including Qualifying Widow(er) with Dependent Child | Married Filing Separately | Head of Household | |
| 10% | $0 to $11,600 | $0 to $23,200 | $0 to $11,600 | $0 to $16,550 | |
| 12% | $11,600-$47,150 | $23,200-$94,300 | $11,600-$47,150 | $16,550-$63,100 | |
| 22% | $47,150-$100,525 | $94,300-$201,050 | $47,150-$100,525 | $63,100-$100,500 | |
| 24% | $100,525-$191,950 | $201,050-$383,900 | $100,525-$191,950 | $100,500-$191,950 | |
| 32% | $191,950-$243,725 | $383,900-$487,450 | $191,950-$243,725 | $191,950-$243,700 | |
| 35% | $243,725-$609,350 | $487,450-$731,200 | $243,725-$365,600 | $243,700-$609,350 | |
| 37% | Over $609,350 | Over $731,200 | Over $365,600 | Over $609,350 | |
These rates are set to expire after 2025, and are adjusted for inflation for tax years beginning after 2018.
Pre-2018 Income Tax Rates
In 2001, EGTRRA added a new 10 percent income tax rate and reduced income tax rates above 15 percent for individuals, trusts and estates. EGTRRA 2001 also provided for subsequent rate reductions to occur in 2004 and 2006.2 JGTRRA 2003 accelerated the reductions that were scheduled to occur in 2004 and 2006. Thus, for 2003 to 2012, the income tax rates above 15 percent were lowered to 25 percent, 28 percent, 33 percent and 35 percent (down from 27 percent, 30 percent, 35 percent, and 38.6 percent).3 The American Taxpayer Relief Act of 2012 (“ATRA”) made these tax rates “permanent,” preventing their increase to pre-2001 levels for tax years beginning after 2012.4