2024 Irs Tax Brackets And Standard Deduction. The irs is increasing the tax brackets by about 5.4% for both individual and married filers across the different income spectrums. The agency has boosted the income thresholds for each bracket, applying to tax year 2024 for.

These changes will apply to 2024 income, which is reported on tax. As your income goes up, the tax rate on the next layer of income is higher.