Us Income Tax Brackets 2024 Irs.  — federal tax brackets and tax rates.  — 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.

 — the federal income tax has seven tax rates in 2024:  — but the pledge not to raise taxes on anyone making below $400,000 makes it harder to get at that money, because you can’t close tax loopholes that hit anyone below that cutoff, and you can’t.