Tax Brackets 2024 Nerdwallet 2. Your tax rate is determined by your income and tax filing status. Washington โ the internal revenue service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate.
The table below shows the tax brackets for the federal income tax, and it reflects the rates for the 2023 tax year, which are the taxes due in early 2024. Learn more about how income taxes work in your state.