John makes $300,000 as a single filer. How much is he likely to pay in taxes...

 

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John makes $300,000 as a single filer. How much is he likely to pay in taxes using marginal tax rate 2024 tax brackets Tax rate Single filers Married couples filing jointly Married couples filing separately Head of household 10% $11,600 or less $23,200 or less $11,600 or less $16,550 or less 12% $11,601 to $47,150 $23,201 to $94,300 $11,601 to $47,150 $47,151 to 22% $94,301 to $201,050 $47,151 to $100,525 $100,525 $16,551 to $63,100 $63,101 to $100,500 $100,526 to $100,501 to 24% $201,051 to $383,900 $100,526 to $191,150 $191,950 $191,150 $191,951 to $191,151 to 32% $383,901 to $487,450 $191,151 to $243,725 $243,725 $243,700 $243,726 to 35% $487,451 to $731,200 $243,276 to $365,600 $609,350 $243,701 to $609,350 37% $609,351 or more $731,201 or more $365,601 or more $690,351 or more Source: Internal Revenue Service John makes $300,000 as a single filer. How much is he likely to pay in taxes using marginal tax rate 2024 tax brackets Tax rate Single filers Married couples filing jointly Married couples filing separately Head of household 10% $11,600 or less $23,200 or less $11,600 or less $16,550 or less 12% $11,601 to $47,150 $23,201 to $94,300 $11,601 to $47,150 $47,151 to 22% $94,301 to $201,050 $47,151 to $100,525 $100,525 $16,551 to $63,100 $63,101 to $100,500 $100,526 to $100,501 to 24% $201,051 to $383,900 $100,526 to $191,150 $191,950 $191,150 $191,951 to $191,151 to 32% $383,901 to $487,450 $191,151 to $243,725 $243,725 $243,700 $243,726 to 35% $487,451 to $731,200 $243,276 to $365,600 $609,350 $243,701 to $609,350 37% $609,351 or more $731,201 or more $365,601 or more $690,351 or more Source: Internal Revenue Service