Us Tax Brackets 2024. The internal revenue service adjusts federal income tax brackets annually to account for inflation, and the new brackets can help you estimate your tax obligation based on. The 2024 federal tax brackets apply to your income in 2024, which you’ll report on the tax return that’s due in april 2025, or october 2025 with an extension.

10%, 12%, 22%, 24%, 32%, 35% and. Washington — the internal revenue service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes.