Updated Tax Brackets 2024 Nfl. Top nfl players lose more than 45% of their income in taxes. The irs revealed updated federal income tax brackets and standard deductions for the upcoming tax year 2024, affecting returns filed in 2025.

Here’s how those break out by filing status: In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).