2025 Income Tax Brackets And Rates

2025 Income Tax Brackets And Rates. Individuals, including senior and super senior citizens, are taxed according to a progressive slab system, with rates ranging from 5% to 30%, depending on their income. In 2025, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (table 1).

Economists have urged the government to reduce income tax rates and introduce reforms to support savings and economic growth in the upcoming union budget 2025,. In this comprehensive guide, we will explore the federal income tax rates and tax brackets for the 2024 and 2025 tax years, helping you navigate the complex landscape of u.s.