Current Us Tax Brackets 2024. For the 2024 tax year, the irs has established a set of tax brackets that determine the rates at which individual income is taxed. Washington — the internal revenue service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes.

For the 2024 tax year, the irs has established a set of tax brackets that determine the rates at which individual income is taxed. 2024 federal income tax brackets and rates in 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).