Irs Releases New Income Tax Brackets For 2024 . You pay tax as a percentage of your income in layers called tax brackets. The top marginal income tax rate of 37 percent will hit taxpayers with taxable income.
The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. Irs releases tax brackets, inflation adjustments for 2024.
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