What Is The Tax Bracket For 2024

What Is The Tax Bracket For 2024. An individual has to choose between new and old tax regime to calculate their income tax liability, subject to certain conditions. 10%, 12%, 22%, 24%, 32%, 35%, and 37%.

For 2024, the seven federal. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.