2024 Tax Brackets Vs 2024. There are seven (7) tax rates in 2024. The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons:

Your taxable income and filing status determine both the tax rate and bracket that apply to you, outlining the amount you’ll owe on different portions of your income. Bloomberg tax has released its annual projected u.s.