Fed Income Tax Rates 2024 Deductions. Tax rates (old & new regime): 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37.
The internal revenue service (irs) adjusts tax brackets for inflation each year, and because inflation remains high, it’s possible you could fall into a lower bracket. See current federal tax brackets and rates based on your income and filing status.
