2024 Irs Tax Rates And Brackets
2024 Irs Tax Rates And Brackets. Bloomberg tax has released its annual projected u.s. Tax rates report, giving you an early look at what brackets and other key tax figures will look like 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%. The irs has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation.