Tax Brackets 2024 Standard Deduction. You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years. Ready or not, the 2024.

For 2024 (tax returns typically filed in april 2025), the standard deduction amounts are $14,600 for single and for those who are married, filing separately; See current federal tax brackets and rates based on your income and filing status.