Irs Tax Bracket Changes 2024. Your bracket depends on your taxable income and filing status. The minimum income tax on the wealthiest taxpayers, introduced by harris would impose a floor levy of 25% on the total of regular income plus capital gains on all.
The change will raise the top tax rate of 37% to $609,350 for individuals and $731,200 for married couples filing jointly—up from the current tax season’s threshold of. 10%, 12%, 22%, 24%, 32%, 35%, and 37%.