Us Tax Brackets 2024 For Tax Credits Icon. If you qualify, use tax credits such as the child tax credit or earned income tax credit (eitc), which directly reduce the amount of taxes you owe, rather than just lowering. Irs provides tax inflation adjustments for tax year 2024.


Us Tax Brackets 2024 For Tax Credits Icon

The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your bracket depends on your taxable income and filing status.

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