Tax Brackets 2024 Usa. When you are looking at the federal tax brackets, you are able to determine which tax rate applies to you for the current tax. For example, a married couple whose total income minus deductions is $250,000 would have had a 33% tax rate in 2017, but only 24% in 2024.
You pay tax as a percentage of your income in layers called tax brackets. The income thresholds for each bracket, though, are adjusted slightly every year for.