2024 Tax Brackets Irs. For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. The highest 37% tax bracket starts at $609,350 for single.
Your taxable income and filing status determine both the tax rate and bracket that apply to you, outlining the amount you’ll owe on different portions of your income. The highest earners fall into the 37% range,.
