Irs Income Tax Brackets 2024. Compare your take home after tax an Each bracket applies to a different taxable income threshold, and the corresponding percentages represent the tax rate you’ll pay on that portion of your income.

Tax brackets and tax rates. The tax year 2024 maximum earned income tax credit amount is $7,830 for qualifying taxpayers who have three or more qualifying children, an increase of from $7,430 for tax year 2023.