Tax Brackets 2024-23. The new income tax slabs in the. Highlights include revised tax slabs, increased deductions, and simplified.
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: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.