Doro Nanete

Tax Brackets 2024 Vs 2024 Income. Compare the tax brackets for last year and this year to get a sense of where your income stacks up in the eyes of the irs. For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%.

For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. Freelancers can lower their tax bracket by writing off business deductions.