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What are the tax brackets for 2024?
Answered by verified global tax professionalsJulian Alejandro MejiaMaster of Science Taxation, CPA (US) · 4 years of exp
For single filers, the tax brackets for 2024 are: 10%: Taxable income up to $11,600 12%: Taxable income...Read moreSidharth Gehlawat
The federal income tax has seven tax rates in 2024: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. The top marginal income tax rate o...Read moreDisclaimer: Opinions are from external tax professionals and should not be considered as Microsoft’s opinion or a substitute for professional help. Consult a tax professional for advice.
- The federal income tax brackets for 2022 and 2023 are12:
- 10% for taxable income up to $22,000
- 12% for taxable income from $22,001 to $89,450
- 22% for taxable income from $89,451 to $190,750
- 24% for taxable income from $190,751 to $364,200
- 32% for taxable income from $364,201 to $523,600
- 35% for taxable income from $523,601 to $628,300
- 37% for taxable income over $628,300
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.For the 2022 tax year and the return you either filed by April 2023 or must now file by October, there are seven federal income tax brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your tax bracket is determined by your filing status and taxable income.
www.forbes.com/advisor/taxes/taxes-federal-incom…2023 tax table: married, filing jointly
Tax rate Taxable income bracket Taxes owed 10% $0 to $22,000. 10% of taxable income. 12% $22,001 to $89,450. $2,200 plus 12% of the amount over $22,0 ... 22% $89,451 to $190,750. $10,294 plus 22% of the amount over $89, ... 24% $190,751 to $364,200. $32,580 plus 24% of the amount over $190 ... www.nerdwallet.com/article/taxes/federal-income-t… - People also ask
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See all 8 rows on turbotax.intuit.comTAX RATE SINGLE FILERS MARRIED FILING JOINTLY OR Q… MARRIED FILING S… 10% $0 to $11,000 $0 to $22,000 $0 to $11,000 12% $11,001 to $44,725 $22,001 to $89,450 $11,001 to $44,725 22% $44,726 to $95,375 $89,451 to $190,750 $44,726 to $95,375 24% $95,376 to $182,100 $190,751 to $364,200 $95,376 to $182,100
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