Individual Tax Rates 2024 Irs. The irs adjusts the tax brackets annually to help household incomes keep up with inflation. Check your 2024 irs federal income tax bracket to see if you fall into a lower bracket due to inflation, which could lower your tax bill next year.
For the 2024 tax year, that’s $7,000, or $8,000 if you’re 50 or older in 2024. 10%, 12%, 22%, 24%, 32%, 35%, and 37%.