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2023-2024 Tax Brackets and Federal Income Tax Rates

Savings Corner

on taxable income, and some states, such as Wyoming, don’t levy a state income tax at all. Your state might have different brackets, or it might altogether use a different system. Colorado, for example, levies a flat income tax rate of 4.4% What is a marginal tax rate? This typically equates to your highest tax bracket.

Taxes 52