Tax Brackets 2024 Vs 2024. The irs adjusted 2025 tax brackets for inflation, increasing income thresholds by about 2.8% from 2024, allowing more income to be taxed at lower rates. Learn how marginal tax rates work, see tables for all filing statuses, and understand changes from 2023.
Understanding the 7 tax brackets the irs uses to calculate your taxes can help you figure out your federal effective tax rate. From 2018, the new bracket rates are 10%, 12%, 22%, 24%, 32%, 35%, and 37%.