New 2024 Tax Brackets Compared To 2024 Elections

New 2024 Tax Brackets Compared To 2024 Elections. 10%, 12%, 22%, 24%, 32%, 35% and 37%. The 2024 tax year (and the return due in 2025) will continue with these seven federal tax brackets:

Tax brackets for 2025 increased slightly from 2024 to reflect changes in inflation, but the rates for each tranche of income are the same: The 37% bracket applies to the highest earners, while the.