Overview of how IRS federal income tax brackets work for tax years 2024 and 2025, and how to compare them in the My Taxes calculator.
Each year the IRS publishes inflation-adjusted federal income tax brackets and related amounts. Rates for the ordinary income brackets have stayed in the familiar set of percentages in recent years, while the dollar thresholds usually move up with inflation.
That means the same taxable income can produce a slightly different tax bill from one year to the next even if “the rates did not change,” because more income may sit in lower brackets when thresholds rise.
Comparing adjacent years helps you see the impact of inflation indexing and any law changes that affect ordinary brackets. On My Taxes, choose tax year 2024 or 2025 on the home page, enter taxable income and filing status, then review the federal bracket table on the results page.
Use Timeline View to chart estimated federal tax across multiple years with the same income and filing status. That is a quick way to see whether the tables alone would have raised or lowered your federal income tax.
The main bracket tables cover ordinary taxable income. Long-term capital gains and qualified dividends can use different rate structures. Payroll taxes and net investment income tax are separate. My Taxes focuses on ordinary federal (and state) income tax brackets from published rate schedules.
For filing, always confirm the official IRS revenue procedures and Form 1040 instructions for the year you are preparing.
Enter your filing status and taxable income on the home page, select 2024 or 2025, and open your results. Switch the tax year on the results page to compare brackets without re-entering everything. When you want a multi-year picture, open the timeline chart.
Ready to run the numbers? Open the federal and state tax calculator and enter your tax year, taxable income, state, and filing status.
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My Taxes provides educational estimates from published U.S. federal and state income tax tables. It is not tax advice. See our Disclaimer for details.