Fed Income Tax Rates 2024. 10%, 12%, 22%, 24%, 32%, 35%, and 37%. 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%.

The income tax calculator estimates the refund or potential owed amount on a federal tax return. In 2024, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (table 1).