Irs Releases New Income Tax Brackets For 2024. In a press release, the irs described the 2024 tax year adjustments that will apply to income tax returns filed in 2025. Tax brackets and tax rates.

The tax rates will remain 10%, 12%, 22%, 24%, 32%, 35% and 37%. For 2024, the lowest rate of 10% will apply to individuals with taxable income up to $11,600 and joint filers up to $23,200.