Tax Brackets 2024 Individual

Tax Brackets 2024 Individual.  — the seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. The payroll tax, which accounts for 96 percent of social security’s revenues, is generally 12.4 percent of a person’s earnings up to a maximum annual amount ($168,600 in 2024).

 — tax brackets and tax rates. If a person is not registered for tax, the request for a tax directive sent from the fund to sars will be rejected.