2024 Irs Tax Rates And Brackets. This revenue ruling provides various prescribed rates for federal income tax purposes for august 2024 (the current month). You pay tax as a percentage of your income in layers called tax brackets.


2024 Irs Tax Rates And Brackets

For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. You pay tax as a percentage of your income in layers called tax brackets.

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