Current Us Tax Brackets 2024. In 2024, the first $11,600 of taxable income will fall into the 10% tax bracket, which means $600 of additional income will be taxed at 10%, instead of 12% in the. Tax brackets and tax rates.
The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).