2024 Income Tax Changes You Need to Know

2024 Income Tax Changes You Need to Know

Revised Marginal Tax Rates

Revised Marginal Tax Rates

37%: Income surpassing $609,350 for individuals, $731,200 for married couples filing jointly.

35%: Earnings over $243,725 for individuals, $487,450 for joint filers.

32%: Income exceeding $191,950 for individuals, $383,900 for married couples filing jointly.

24%: Earnings above $100,525 for individuals, $201,050 for couples filing jointly.

22%: Income surpassing $47,150 for individuals, $94,300 for married couples filing jointly.