What Are The Tax Brackets For 2024-25 202425 With Dependents. Here's what taxpayers need to know. The internal revenue service (irs) has designated seven federal tax brackets that apply to both the 2023 tax year (the taxes you file in april 2024) and the 2024 tax year.

Here’s what taxpayers need to know. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).