2023-2024 Tax Brackets and Federal Income Tax Rates
Savings Corner
DECEMBER 24, 2023
There are seven federal income tax rates in 2023 and 2024: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your taxable income and filing status determine which rates apply to you. The tax bracket adjustments can also lower taxes for those whose compensation has not kept up with inflation.
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