Taxes in the United States are something of great importance, and it is not only something that we must pay to the IRS, but it is something that serves to pay many of the services of our day to day. But we must keep in mind that we cannot forget this obligation and that every year the payment can be higher or lower depending on our salary.
Checking every year the IRS Tax Bracket is as important as knowing that we have to pay taxes. And both in this year 2024 and next year 2025 the taxes are different. Also, we should keep in mind that our final Social Security check depends largely on the taxes we pay, so we need to think about that so we get a better check in retirement.
IRS Tax Brackets in 2024
Depending on the type of return we file we will have to pay more or less taxes. Likewise, the level of income is also different with respect to taxes. The higher your income, the more taxes you will have to pay. Therefore, check the list well to know the taxes you will have to pay both in this year 2024 and next year 2025 through this year’s income.
Here we can see the taxes we will have to pay in 2025 through the income created in 2024:
Tax Rate |
Single person |
Married filing jointly |
Married filing separately |
Head of household |
---|---|---|---|---|
10% |
$11,600 or less |
$23,200 or less |
$11,600 or less |
$16,550 or less |
12% |
$11,601 to $47,150 |
$23,201 to $94,300 |
$11,601 to $47,150 |
$16,551 to $63,100 |
22% |
$47,151 to $100,525 |
$94,301 to $201,050 |
$47,151 to $100,525 |
$63,101 to $100,500 |
24% |
$100,526 to $191,950 |
$201,051 to $383,900 |
$100,526 to $191,950 |
$100,501 to $191,950 |
32% |
$191,951 to $243,725 |
$383,901 to $487,450 |
$191,951 to $243,725 |
$191,951 to $243,700 |
35% |
$243,726 to $609,350 |
$487,451 to $731,200 |
$243,726 to $365,600 |
$234,701 to $609,350 |
37% |
Over $609,350 |
Over $731,200 |
Over $365,600 |
Over $609,350 |
However, in taxes paid in 2024 through income created in 2023 we have the following table:
Tax Rate |
Single person |
Married filing jointly |
Married filing separately |
Head of household |
---|---|---|---|---|
10% |
$11,000 or less |
$22,000 or less |
$11,000 or less |
$15,700 or less |
12% |
$11,001 to $44,725 |
$22,001 to $89,450 |
$11,001 to $44,725 |
$15,701 to $59,850 |
22% |
$44,726 to 95,375 |
$89,451 to $190,750 |
$44,726 to $95,375 |
$59,851 to $95,350 |
24% |
$95,376 to $182,100 |
$190,751 to $364,200 |
$95,376 to $182,100 |
$95,351 to $182,100 |
32% |
$182,101 to $231,250 |
$364,201 to $462,500 |
$182,101 to $231,250 |
$182,101 to $231,250 |
35% |
$231,251 to $578,125 |
$462,501 to $693,750 |
$231,251 to $346,875 |
$231,251 to $578,100 |
37% |
Over $578,125 |
Over $693,750 |
Over $346,875 |
Over $578,100 |
With this table we will have in mind what will be the amount of taxes that we will pay in the next year and that we paid in this year, although it is true that most citizens have already sent the Tax Return to the IRS in this 2024. So if your income changes from one year to another you should know that it is possible that you will have to pay more taxes, from 10% of your salary to 37% of it.