2024 Income Tax Brackets Single Filer. Let’s say you’re single and your 2024 taxable income is $75,000; You pay tax as a percentage of your income in layers called tax brackets.

The amt exemption amount for tax year 2025 for single filers is $88,100 and begins to phase out at $626,350 (in 2024, the. But some of your income will be taxed in lower tax.