2024 Irs Tax Rates And Brackets. As your income goes up, the tax rate on the next layer of income is higher. Irs announces new 2024 tax brackets enlighten567, for 2024, the seven federal income tax rates are 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. As your income goes up, the tax rate on the next layer of income is higher.