NS Global

NS Global is USA - India tax advisory firm founded by certified professionals from USA & India to provide international tax solutions to individuals having asset and / or an income base in India and USA

November 22, 2023

2023 and 2024 Tax Brackets

Tax brackets 2023

Tax Rate	Single	Married filing jointly	Married filing separately	Head of household
10%	$0 to $11,000.	$0 to $22,000.	$0 to $11,000.	$0 to $15,700.
12%	$11,001 to $44,725.	$22,001 to $89,450.	$11,001 to $44,725.	$15,701 to $59,850.
22%	$44,726 to $95,375.	$89,451 to $190,750.	$44,726 to $95,375.	$59,851 to $95,350.
24%	$95,376 to $182,100.	$190,751 to $364,200.	$95,376 to $182,100.	$95,351 to $182,100.
32%	$182,101 to $231,250.	$364,201 to $462,500.	$182,101 to $231,250.	$182,101 to $231,250.
35%	$231,251 to $578,125.	$462,501 to $693,750.	$231,251 to $346,875.	$231,251 to $578,100.
37%	$578,126 or more.	$693,751 or more.	$346,876 or more.	$578,101 or more.

Tax brackets 2024

Tax Rate	Single	Married filing jointly	Married filing separately	Head of household
10%	$0 to $11,600.	$0 to $23,200.	$0 to $11,600.	$0 to $16,550.
12%	$11,601 to $47,150.	$23,201 to $94,300.	$11,601 to $47,150.	$16,551 to $63,100.
22%	$47,151 to $100,525.	$94,301 to $201,050.	$47,151 to $100,525.	$63,101 to $100,500.
24%	$100,526 to $191,950.	$201,051 to $383,900.	$100,526 to $191,950.	$100,501 to $191,950.
32%	$191,951 to $243,725.	$383,901 to $487,450.	$191,951 to $243,725.	$191,951 to $243,700.
35%	$243,726 to $609,350.	$487,451 to $731,200.	$243,726 to $365,600.	$243,701 to $609,350.
37%	$609,351 or more.	$731,201 or more.	$365,601 or more.	$609,351 or more.

Standard Deduction

Filing status	Standard deduction 2023	Standard deduction 2024
Single	$13,850.	$14,600.
Married, filing jointly	$27,700.	$29,200.
Married, filing separately	$13,850.	$14,600.
Head of household	$20,800.	$21,900.