2024 Vs 2025 Tax Brackets
2024 Vs 2025 Tax Brackets. The irs has announced higher federal income tax brackets and standard deductions for 2025. For tax year 2025, which applies to taxes filed in 2026, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
Thanks to the tax cuts and jobs act of 2017 (tcja), the tiers for tax year 2025 will remain the same as they were in 2024. These are the same tax.