Tax Brackets 2024 Usa Married Filing Jointly. As your income goes up, the tax rate on the next layer of income is higher. The federal income tax rates remain unchanged for the 2024 tax year at 10%, 12%, 22%, 24%, 32%, 35% and 37%.

You pay tax as a percentage of your income in layers called tax brackets. How much can i earn before i pay 40% tax?