2024 Federal Tax Brackets Are Out. Find Out Which Bracket You’re In—and Why Tax Rates Are So High0
The IRS released new federal income tax brackets last week. Though marginal tax rates did not change, federal law requires the brackets to be adjusted for inflation, and this is how they shake out. Marginal rate Individual income Married couples filing jointly 10% $11,600 $0-up to $23,2000 12% $11,600 to $47,150 $23,2000 to $94,300 22% $47,150
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