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2023-2024 Tax Brackets and Federal Income Tax Rates

Savings Corner

The 2024 tax rates, which range from 10% to 37%, remain the same as in previous years. on taxable income, and some states, such as Wyoming, don’t levy a state income tax at all. Each 2024 tax bracket will see a roughly 5.4% 5,426 plus 22% of the amount over $47,150. plus 24% of the amount over $100,525. Take a look back.

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