Irs 2024 Standard Deductions And Tax Brackets

Irs 2024 Standard Deductions And Tax Brackets. Your bracket depends on your taxable income and filing status. The standard deduction will rise.

(1) the enhanced surcharge of 25% & 37%, as the case may be, is not levied, on dividend income or income chargeable to tax under sections 111a, 112, 112a and 115ad (1) (b). 37% for individual single taxpayers with incomes greater than $609,350 and for married couples who file a joint return with incomes.