2024 Tax Brackets Vs …

2024 Tax Brackets Vs 2024 Tax Brackets. Washington — the internal revenue service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate. For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%.

The irs uses 7 brackets to calculate your tax bill based on your income and filing status. See current federal tax brackets and rates based on your income and filing status.