2024 Tax Brackets Vs 2024 Side By Side. Learn how they impact your finances, with insights on federal and state taxes, deductions, and effective tax rates. There are seven (7) tax rates in 2024.

Remember, federal income tax is not assessed at a flat rate. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.