Tax Brackets 2024 Married Jointly Calculator. Based on your annual taxable income and filing status, your tax bracket determines your federal tax rate. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.

Besides, you can check how the final amount is computed and the final tax rate applied to your net income for better insight. Next, determine your taxable income.