2024 Federal Tax Brackets Chart
2024 Federal Tax Brackets Chart. See current federal tax brackets and rates based on your income and filing status. As your income rises it can push you into a higher tax bracket and may increase how much you owe.
The irs has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation. The top 1 percent’s income share rose from 22.2 percent in 2020 to 26.3 percent in 2021 and its share of federal income taxes.