Income Tax Rates For Ay 2024-25 202425 Usa

Income Tax Rates For Ay 2024-25 202425 Usa. 2024 us tax tables with 2024 federal income tax rates, medicare rate, fica and supporting tax and withholdings calculator. Understanding tax brackets helps optimize your tax strategy.

However, the income limits for the 2024 tax brackets have been adjusted for inflation to minimize bracket creep. The federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37% for 2024 and 2025.