New Tax Rates 2025. 22, 2024, the irs announced the annual inflation adjustments for 2025. Tax brackets and other provisions are likely to be adjusted higher by 2.8% for the 2025 tax year, according to bloomberg tax and financial information services provider wolters.

To calculate your taxes due on april 15, 2025, you’ll use 2024 tax brackets. Here’s what taxpayers need to know.