2024 Tax Brackets Vs 2024 Brackets. The child tax credit was raised from $1,000 to $2,000 in 2017 when trump signed into law the tax cuts and jobs act, which expires in 2025. 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate).
There are seven (7) tax rates in 2024. 2024 federal income tax brackets and rates.