2024 Income Tax Brackets Irs

2024 Income Tax Brackets Irs. The federal income tax has seven tax rates in 2024: 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%.


2024 Income Tax Brackets Irs

The irs has released higher federal tax brackets for 2024 to adjust for inflation. You pay tax as a percentage of your income in layers called tax brackets.

2024 Income Tax Brackets Irs Images References :