New 2025 Tax Brackets Vs 2025 Tax Brackets. As the 2025 tax filing season approaches, the irs has announced significant changes to tax brackets, standard deductions, and credits for tax years 2024 and 2025. For 2024, there are seven federal tax rates:
Under the old tax system, tax rates are higher, but various exemptions and deductions are available. 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
New 2025 Tax Brackets Vs 2025 Tax Brackets Images References :