New IRS Tax Brackets 2025 vs 2024
Here’s a comparison of the US federal income tax brackets for 2024 and 2025. Remember that these apply to single filers, married couples filing jointly, and heads of household.
2024 vs. 2025 Federal Income Tax Brackets
Tax Rate | 2024 Single Filers | 2025 Single Filers | 2024 Married Filing Jointly | 2025 Married Filing Jointly | 2024 Head of Household | 2025 Head of Household |
---|---|---|---|---|---|---|
10% | Up to $11,600 | Up to $11,925 | Up to $23,200 | Up to $23,850 | Up to $16,550 | Up to $17,000 |
12% | $11,601 to $47,150 | $11,926 to $48,475 | $23,201 to $94,300 | $23,851 to $96,950 | $16,551 to $63,100 | $17,001 to $64,850 |
22% | $47,151 to $100,525 | $48,476 to $103,350 | $94,301 to $201,050 | $96,951 to $206,700 | $63,101 to $100,500 | $64,851 to $103,350 |
24% | $100,526 to $191,950 | $103,351 to $197,300 | $201,051 to $383,900 | $206,701 to $394,600 | $100,501 to $191,950 | $103,351 to $197,300 |
32% | $191,951 to $243,725 | $197,301 to $250,525 | $383,901 to $487,450 | $394,601 to $501,050 | $191,951 to $243,700 | $197,301 to $250,500 |
35% | $243,726 to $609,350 | $250,526 to $626,350 | $487,451 to $731,200 | $501,051 to $751,600 | $243,701 to $609,350 | $250,501 to $626,350 |
37% | Over $609,350 | Over $626,350 | Over $731,200 | Over $751,600 | Over $609,350 | Over $626,350 |
Key Takeaways:
- Inflation Adjustments: As you can see, the income thresholds for each tax bracket are slightly higher in 2025 compared to 2024. This is due to annual adjustments the IRS makes to account for inflation.
- Tax Rates Remain the Same: The actual tax rates for each bracket (10%, 12%, 22%, etc.) haven’t changed between 2024 and 2025. This is because those rates were set by the Tax Cuts and Jobs Act of 2017, which is still in effect.
Important Reminders:
- These are just the federal income tax brackets. Don’t forget that your state might also have its own income tax.
- Tax laws can be complex, and these brackets are just one piece of the puzzle. It’s always a good idea to consult a tax professional or use reputable tax software for personalized advice.