2024 Tax Rates And Brackets Single. For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. Importantly, your highest tax bracket doesn’t reflect how much you pay on all of your.

There are seven federal tax brackets for tax year 2024. Yep, this year the income limits for all tax brackets will be adjusted for inflation, so let’s take a closer look at what tax rates and tax brackets are and how they.