Irs Income Tax Brackets 2024 Single. The irs has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation. The cd offered an apy of 5.10%, and by the time it matured this year, you'd earned $523.

For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. The cd offered an apy of 5.10%, and by the time it matured this year, you’d earned $523.