New Tax Brackets For 2025
New Tax Brackets For 2025. 22, 2024, the irs announced the annual inflation adjustments for 2025. The irs has increased tax brackets by 2.75% for 2025, with the top rate of 37% applying to incomes over $626,350 for singles and $731,200 for joint filers.
10% — $0 to $23,850; The irs released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025.