2024 New Tax Brackets Vs 2024 Income Tax

2024 New Tax Brackets Vs 2024 Income Tax.  — as part of a widespread modification that will change more than 60 tax provisions, the irs will increase the threshold for each federal income band, boosting. Tax rates (old & new regime):

10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. Thankfully, the thresholds have all increased by 5.4% to account for inflation.