2024 Standard Deductions And Tax Brackets 2024

2024 Standard Deductions And Tax Brackets 2024

2024 Standard Deductions And Tax Brackets 2024. The standard deduction is increasing to $29,200 for married couples. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.


2024 Standard Deductions And Tax Brackets 2024

The irs is changing over 60 tax provisions for the 2024 tax year, including a 5% increase to the standard deduction, due to inflation. Most income tax brackets fell slightly.

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