Tax Brackets 2024

Tax Brackets 2024. Use the simple tax calculator to work out just the tax you owe on your taxable income for the full income year. The federal income tax has seven tax rates in 2024:

10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).