Irs 2024 Standard Deductions And Tax Brackets . The standard deduction amounts for 2024 are: The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.
Here’s how that works for a single person with taxable income of $58,000 per year: $14,600 for single individuals and.
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