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2024 Tax Rates And Standard Deduction

2024 Tax Rates And Standard Deduction. Sitharaman will present the budget 2024 in parliament at 11 am today. The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly.


2024 Tax Rates And Standard Deduction

10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns.

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