Irs Releases New Tax Brackets For 2025. Tax brackets and tax rates. The irs released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025.

The capital gains rate you pay is based on which bracket you fall into based. The irs has announced the annual inflation adjustments for the 2025 tax year, which reflect on average a 2.8% increase for the standard deduction as well as the various.