Income Tax Bracket 2024

Income Tax Bracket 2024. Individuals falling under the taxable income bracket are liable to pay a specific portion of their net annual income as tax. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.

Understanding income tax can sometimes feel overwhelming, but it doesn’t have to be. Individuals falling under the taxable income bracket are liable to pay a specific portion of their net annual income as tax.