Dedie Faustine

2024 Tax Rate Schedule For Trusts. Consider that in the 2024 tax year, the top marginal tax rate for a single filer, 37%, begins after $609,350 of ordinary income. Below are the tax rates and income brackets that would apply to estates and trusts that were opened for deaths that occurred in 2022.

For 2024, inflation adjustments increased the size of tax brackets by about 5.4%. Consider that in the 2024 tax year, the top marginal tax rate for a single filer, 37%, begins after $609,350 of ordinary income.