Fed Income Tax Rates 2024. For 2024, the irs made adjustments to federal income tax brackets to account for inflation, including raising the standard deduction to $14,600 (up from $13,850) for single filers. Your bracket depends on your.
10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent. Yep, this year the income limits for all tax brackets will be adjusted for inflation, so letโs take a closer look at what tax rates and tax brackets are and how they.