What Tax Bracket Am I In 2024

What Tax Bracket Am I In 2024. In the budget this year, fm nirmala sitharaman tweaked the tax slabs. The federal income tax rates remain unchanged for the 2024 tax year at 10%, 12%, 22%, 24%, 32%, 35% and 37%.

For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. 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: