Marginal Tax Rates 2024. The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. Use the simple tax calculator to work out just the tax you owe on your taxable income for the full income year.

The tax information provided here is based on 2024 federal marginal rates and state tax rates. Democrats will aim to block extension of the 2017 tax law that benefit the wealthy—specifically tax cuts for those making more than $400,000 a year.