Irs 2024 Tax Brackets

Irs 2024 Tax Brackets. The annual income limit for individuals is $75,000, with those earning over $80,000 potentially receiving a reduced payment. Here's what taxpayers need to know.


Irs 2024 Tax Brackets

The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. The inflation adjustments mean that taxpayers will need to earn more to hit a higher tax rate than they did in 2023.

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