2024 Tax Brackets Irs

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2024 Tax Brackets Irs. Here's what taxpayers need to know. Here is irs 2024 tax brackets or tax tables that will be required to compute tax payable for tax year 2024 for which filing is due in april 2025


2024 Tax Brackets Irs

The new brackets are as follows: Most taxpayers pay a maximum 15% rate, but a 20% tax rate applies to the extent that taxable income exceeds the thresholds set for the 37% ordinary tax rate.

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