2024 Income Tax Brackets And Deductions For Single. If you make $70,000 a year living in arkansas you will be taxed $10,815. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.

This way, the single filer is paying a top federal marginal income tax rate. You will pay 10 percent on taxable income up to $11,600, 12 percent on the amount over $11,600 to $47,150, and 22 percent above that (up to.