2024 2024 Tax Tables. Updated as per latest budget on 23 july, 2024. Total income ( rs.) tax rate (%) upto rs.
The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly. The tax year 2024 maximum earned income tax credit amount is $7,830 for qualifying taxpayers who have three or more qualifying children, an increase of from $7,430 for tax year 2023.