2024 Tax Rates And Standard Deduction U/S. The federal income tax has seven tax rates in 2024: Democratic presidential nominee kamala harris is proposing to raise the corporate tax rate to 28% from its current 21% in her first.
The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: The standard deduction, tax bracket ranges, other deductions,.