2024 Income Tax Brackets Nerdwallet Org. Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2024. The internal revenue service adjusts federal income tax brackets annually to account for inflation, and the new brackets can help you estimate your tax obligation.

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. The federal income tax rates remain unchanged for the 2024 tax year at 10%, 12%, 22%, 24%, 32%, 35% and 37%.