2024 Income Tax Brackets And Tax Rates. The irs has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation. The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons:

Your bracket depends on your. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.