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2024 Irs Tax Brackets And Standard Deduction

2024 Irs Tax Brackets And Standard Deduction. For tax year 2024, the standard deduction for single filers is $14,600 and $29,200 for married couples filing jointly. 10%, 12%, 22%, 24%, 32%, 35%, and 37%.


2024 Irs Tax Brackets And Standard Deduction

You pay tax as a percentage of your income in layers called tax brackets. The federal income tax has seven tax rates in 2024:

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