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  • Home
  • About
    • Ronson J. Shamoun, ESQ., LL.M.
    • Chandara Diep, ESQ., LL.M.
    • Joseph Cole, ESQ., LL.M.
    • Devon J. Arabo, ESQ., LL.M.
    • Lauren Suarez, ESQ., LL.M.
    • Daniel Huynh, Esq., LL.M.
    • Christopher Engelmann, ESQ., LL.M.
    • Brian M. Malloy, Esq.
    • Steve S. Mattia, Esq.
    • Sam Imandoust, ESQ., LL.M
    • Kaveh Imandoust, JD, MBT, CPA
    • Andrea Cisneros Valdez, Esq., LL.M.
    • John I. Forry, Esq.
    • Martin Schainbaum, ESQ., LL.M.
    • Dod Ghassemkhani, ESQ.
    • Vincent Renda, Esq.
    • Pedro Bernal, Esq.
    • Melanie M. Shamoun
    • Sandie Portilla
    • Renae Arabo
    • Sabri P. Shamoun
    • Hilary Dargavell
    • Lupita C. Torres
    • Jewell Cornejo
    • Kesia Belford
    • Remy Hogan
    • Judith Jeremie
    • Melanie Chan
    • Tanner DeMera
    • Asia Smith
  • Practices
    • Tax
      • IRS TAX MATTERS
        • IRS Appeals
          • IRS Appeals Process
          • Contesting an IRS Levy
          • Why Retain RJS LAW for IRS Appeals
          • 4 Tips For Navigating The IRS Rapid Appeals Process
        • IRS AUDITS
          • IRS Correspondence Audits
          • What are IRS Field Audits?
          • Initial IRS Compliance Center Audits
          • IRS Office Audits
          • What happens in an IRS Audit?
          • Taxpayer Rights Under IRS Publication 1
          • IRS Warns Taxpayers About Scam
        • NOTICES
          • IRS Notices
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          • FTB Notices
          • Avisos en Español
        • IRS Collections
          • Avoiding and Eliminating IRS Tax Liens
          • Collection Due Process Hearing
          • CP 501 – IRS Notice
          • Failure to file a tax return: What happens?
          • How the IRS calculates interest
          • How to get a tax levy released
          • ACS – Automated Collection System
          • IRS Collections Process
          • IRS Interest Abatement
          • IRS Revenue Officers
          • Jeopardy Assessments and Jeopardy Levies
          • National Tax Agencies
          • RJS LAW Approach to Collections
          • IRS Statute of Limitations on Collections
          • Streamlined Installment Agreements
          • Tax Penalty Abatement
          • Taxpayer Assistance Orders
        • IRS Payroll Tax
          • Independent Contractor Reclassification Audits
          • IRS Forms 940 and 941
          • IRS Trust Fund Interviews
          • Payroll Tax Liability Payment Options
          • Trust Fund Recovery Penalties
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          • OVERVIEW OF OFFER IN COMPROMISE PROCESS
          • The Offer in Compromise Process
          • Appealing an Offer in Compromise
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          • Offer in Compromise Requirements
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          • Offer in Compromise Alternatives
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          • Discharging State Income Taxes in Bankruptcy
          • State Tax Practice – Outside of California
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        • IRS Criminal Investigation Division Tactics
        • Criminal Tax Defense – Tax Crimes
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        • IRS Methods of Proof: Tax Fraud and Evasion
        • Methods IRS Agents Use to Locate Assets
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        • Criminal Tax Attorney vs. White Collar Defense
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  • Tax Institute
    • 8th Annual USD School of Law – RJS LAW Tax Controversy Institute – July 28th, 2023
    • 7th Annual USD School of Law – RJS LAW Tax Controversy Institute – July 15th 2022
    • 6th Annual USD School of Law – RJS LAW Tax Controversy Institute
    • 5th Annual USD School of Law – RJS LAW Tax Controversy Institute
    • 4th Annual USD School of Law – RJS LAW Tax Controversy Institute
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    • RJS LAW Donates Billboard to the Girl Scouts
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IRS Announces New Tax Rates for 2024

IRS Tax Rates for 2024

IRS Tax Rates for 2024

The IRS recently announced new tax rates for the 2024 calendar year. The tax tables can be found below. The standard deduction will be $29,200 for Married Filing Join Taxpayers, $21,900 for Taxpayers filing head of household, and $14,600 for single taxpayers and Married Filing Separate Taxpayers. Learn more about IRS tax rates for 2024.

Married Filing Joint Rates for 2024

Taxable Income Tax Rate

Not over $23,200                                  10% of the taxable income 

Over $23,200 but not over $94,300         $2,320 plus 12% of the excess over $23,200 

Over $94,300 but not over $201,050        $10,852 plus 22% of the excess over $94,300 

Over $201,050 but not over $383,900    $34,337 plus 24% of the excess over $201,050 

Over $383,900 but not over $487,450    $78,221 plus 32% of the excess over $383,900 

Over $487,450 but not over $731,200    $111,357 plus 35% of the excess over $487,450 

Over $731,200                                      $196,669.50 plus 37% of the excess over $731,200

Head of Household Taxable Rates for 2024

Taxable Income                                    Tax Rate

Not over $16,550 10% of the taxable income 

Over $16,550 but not over $63,100        $1,655 plus 12% of the excess over $16,550 

Over $63,100 but not over $100,500      $7,241 plus 22% of the excess over $63,100 

Over $100,500 but not over $191,950    $15,469 plus 24% of the excess over $100,500 

Over $191,950 but not over $243,700    $37,417 plus 32% of the excess over $191,150 

Over $243,700 but not over $609,350     $53,977 plus 35% of the excess over $243,700

Over $609,350                                     $181,954.50 plus 37% of the excess over $609,350

Single Taxable Rates for 2024

Taxable Income                                    Tax Rate

Not over $11,600                                  10% of the taxable income 

Over $11,600 but not over $47,150        $1,160 plus 12% of the excess over $11,600 

Over $47,150 but not over $100,525      $5,426 plus 22% of the excess over $47,150 

Over $100,525 but not over $191,950    $17,168.50 plus 24% of the excess over $100,525 

Over $191,950 but not over $243,725    $39,110.50 plus 32% of the excess over $191,150 

Over $243,725 but not over $609,350    $55,678.50 plus 35% of the excess over $243,725 

Over $609,350 $183,647.25 plus 37% of the excess over $609,350

Married Filing Separate Taxable Rates for 2024

Taxable Income                                    Tax Rate

Not over $11,600                                  10% of the taxable income

Over $11,600 but not over $47,150$1,160 plus 12% of the excess over $11,600

Over $47,150 but not over $100,525      $5,426 plus 22% of the excess over $47,150

Over $100,525 but not over $191,950    $17,168.50 plus 24% of the excess over $100,525

Over $191,950 but not over $243,725    $39,110.50 plus 32% of the excess over $191,150

Over $243,725 but not over $365,600    $55,678.50 plus 35% of the excess over $243,725

Over $365,600                                     $98,334.75 plus 37% of the excess over $365,600

It is still not too late to get in some end-of-year tax planning for 2023. It may still be possible for you to get some year-end tax deductions and take advantage of other potential tax savings. Please contact our experienced tax attorney at RJS LAW or by phone at 619-595-1655 for a free consultation.

Written by Joseph Cole, Esq., LL.M.

Filed Under: Tax Rates, Taxes Tagged With: Tax Rates, taxes

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