2024 Tax Rates And Standard Deduction . See current federal tax brackets and rates based on your income and filing status. For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%.
For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household. If you opt for the standard deduction, you can.
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