2024 Income Tax Brackets And Tax Rates Irs. There are seven different income tax rates: The irs has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation.
For 2024, the lowest rate of 10% will apply to individuals with taxable income up to $11,600 and joint filers up to $23,200. The federal income tax rates remain unchanged for the 2024 tax year at 10%, 12%, 22%, 24%, 32%, 35% and 37%.