Irs New Income Tax Brackets 2024

Irs New Income Tax Brackets 2024. The irs has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation. There are seven (7) tax rates in 2024.


Irs New Income Tax Brackets 2024

Thankfully, the thresholds have all increased by 5.4% to account for inflation. The irs announced tax rates for its seven tax brackets for tax year 2024:

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