Income Tax Brackets 2024 Single. 10%, 12%, 22%, 24%, 32%, 35%. As your income goes up, the tax rate on the next layer of income is higher.
Yep, this year the income limits for all tax brackets will be adjusted for inflation, so let’s take a closer look at what tax rates and tax brackets are and how they change how much. The federal income tax has seven tax rates in 2024: