Income Tax Bracket Change 2024. 2024 tax brackets (taxes due in april 2025) the 2024 tax year, and the return due in 2025, will continue with these seven federal tax brackets: Your income each year determines which federal tax bracket you fall into and which of the seven income tax rates applies.

The internal revenue service adjusts federal income tax brackets annually to account for inflation, and the new brackets can help you estimate your tax obligation. Your income each year determines which federal tax bracket you fall into and which of the seven income tax rates applies.