Brynna Rosabel

What Are The New Tax Brackets For 2024 Pdf. For example, if you paid $10,000 in taxes on a taxable income of $50,000, your. Our enrolled agents are tax professionals who have demonstrated technical competence in the field of taxation.

For instance, the 22% tax bracket for single filers applies to $50,650 of income for the 2023 tax year (i.e., income from $44,726 to $95,375), but it applies to $53,575 of income for 2024 (i.e. The agency has boosted the income thresholds.