Marginal Income Tax Brackets 2024 Pdf. The amt exemption rate is also subject to inflation. This way, the single filer is paying a top federal marginal income tax rate of 24%.
The amt exemption amount for tax year 2024 for single filers is $85,700 and begins to phase out at $609,350 (in 2023, the exemption amount for. Reflected in the above table are tax rate changes from the 2018 budget for the 2 years from 1 july 2022 to 30 june 2024, which include an expansion of the 19% rate to $41,000, and lifting the 32.5%.