Income Tax Rates 2024 Married Filing Jointly. As your income goes up, the tax rate on the next layer of income is higher. If you want to calculate your income tax, check the calculator here.
Next, determine your taxable income. Yep, this year the income limits for all tax brackets will be adjusted for inflation, so letโs take a closer look at what tax rates and tax brackets are and how they change how much you pay in federal income tax.