What Are The Income Tax Brackets For 2024 Married Jointly . The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. Here's what taxpayers need to know.
Let’s take a look at the tax rates and brackets for the 2024 tax year, which you’ll file during the 2025 tax season. Each bracket applies to a different taxable income threshold, and the corresponding percentages represent the tax rate you’ll pay on that portion of your income.
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Tax Brackets for 2021 and 2022 Publications National , Each year, the federal government sets tax brackets that include unique tax rates for different levels of income that individuals use when filing their taxes.