2024 And 2024 Tax Brackets. 10%, 12%, 22%, 24%, 32%, 35% and 37%. 2024 federal income tax rates.
10%, 12%, 22%, 24%, 32%, 35%, and 37%. The income tax brackets were bumped upward by 5.4%, lower than last year’s 7% increase but still more than typical.
For Single Filers In 2023, The Brackets Range From The Lowest At 10% For Incomes Up To A Certain Amount To The Highest At 37% For Incomes Over A Higher Threshold.
There are seven tax brackets for most ordinary income for the 2023 tax year:
10%, 12%, 22%, 24%, 32%, 35% And 37%.
2022, 2022 narrative news, page last reviewed or updated:
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Taxable Income And Filing Status.
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There Are Seven Federal Tax Brackets For Tax Year 2024.
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: