Income Tax Brackets 2024 Married Jointly Irs . You pay tax as a percentage of your income in layers called tax brackets. The internal revenue service (irs) has designated seven federal tax brackets that apply to both the 2023 tax year (the taxes you file in april 2024) and the 2024 tax year.
As your income goes up, the tax rate on the next layer of income is higher. 10%, 12%, 22%, 24%, 32%, 35%.
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