2024 Tax Brackets Irs Chart. The federal income tax has. The irs is introducing new income limits for its seven tax brackets, adjusting the thresholds to account for the impact of inflation.
If you have $11,800 in taxable income in 2024, the first $11,600 is subject to the 10% rate and the remaining $200 is subject to the tax rate of the next bracket (12%). The federal income tax has.