2024 Income Tax Brackets And Deductions U/S. — you will pay 10 percent on taxable income up to $11,600, 12 percent on the amount over $11,600 to $47,150, and 22 percent above that (up to $100,525). It also depends on other sources of income (such as.
— there are seven federal tax brackets for tax year 2024. 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate).