Irs Marginal Tax Rates 2024. Your marginal tax rate determines what you pay when you receive the next dollar of income—it represents the highest tax rate you pay. The federal marginal tax rate is the federal income tax rate owed on your highest dollar of income.
Your marginal tax rate determines what you pay when you receive the next dollar of income—it represents the highest tax rate you pay. See current federal tax brackets and rates based on your income and filing status.