What Are The New Irs Tax Brackets For 2024
What Are The New Irs Tax Brackets For 2024. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. There are seven income tax rates for the 2024 tax year, ranging from 10% to 37%,.
For 2024, the lowest rate of 10% will apply to individuals with taxable income up to $11,600 and joint filers up to $23,200. The agency also announced other changes that include a new standard deduction and a higher limit for flexible.