New 2024 Tax Brackets Compared To 2024 Calendar. Washington — the internal revenue service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. For tax year 2024 (filing in 2024), there are seven brackets:

The irs is changing over 60 tax provisions for the 2024 tax year, including a 5% increase to the standard deduction, due to inflation. To compare your 2024 and 2023 tax brackets, see: