2024 Income Tax Brackets Usa

2024 Income Tax Brackets Usa. You pay tax as a percentage of your income in layers called tax brackets. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).

For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. The various percentages at which taxes are applied;