Tax Brackets 2024 Irs Website. While the tax rates are identical for 2023 and 2024, the irs increased the income thresholds that determine your bracket by about 5.4% for 2024. Enter the tax year for which you are amending your return at the top of irs form 1040x.

As your income goes up, the tax rate on the next layer of income is higher. The irs is changing over 60 tax provisions for the 2024 tax year, including a 5% increase to the standard deduction, due to inflation.