Tax Brackets For 2024 Taxes Owed. You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years. The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.

With the holidays right around the corner, it’s a hard pill to swallow that tax season is also coming up. In 2024 and 2025, there are seven federal income tax rates and brackets: