2024 Income Tax Brackets Chart. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.

The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. There are seven federal tax brackets for tax year 2024.