The Tax Year 2023 Adjustments Described Below Generally Apply To Tax Returns Filed In 2024.
10%, 12%, 22%, 24%, 32%, 35%, and 37%.
Federal Income Tax Is Calculated Based On Seven Tax Brackets, Which Depend On The Taxpayer’s Income And Tax Filing Status.
In addition, the standard deduction is $14,600 for single filers for the 2024 tax year, up from $13,850.
See Current Federal Tax Brackets And Rates Based On Your Income And Filing Status.
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The Irs Reports That, As Of March, 8, 2024, It Had Received About 62.8 Million Tax Returns And Refunded $135.3 Billion To U.s.
2024 tax brackets (taxes due in april 2025) the 2024 tax year, and the return due in 2025, will continue with these seven federal tax brackets:
In The United States, There Are Seven Federal Tax Brackets With Marginal Rates Of 10%, 12%, 22%, 24%, 32%, 35%, And 37%, Which Remain Consistent With The Rates Established In 2023.
See current federal tax brackets and rates based on your income and filing status.