Irs 2024 Tax Brackets Vs 2024. The irs released the 2024 tax rate brackets recently, along with the 2024 standard deduction amount and a bunch of other details that your tax man might find. It's important to note that these rates generally don't change unless congress passes major tax legislation.
The lowest tax rate in 2024 is 10% for incomes of single individuals with incomes of $11,600 or less. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).