Irs Tax Bracket 2024 Head Of Household. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). Heads of household filers will be entitled to a standard deduction of $21,900 on their 2024 tax return.

For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). Filing as head of household offers more favorable rates compared to filing as a single taxpayer.