Irs Tax Brackets 2024 Vs 2024. The irs is changing over 60 tax provisions for the 2024 tax year, including a 5% increase to the standard deduction, due to inflation. Let’s say for the 2024 tax year (filing in 2025), you earned a taxable income of $90,000, and you filed as single.
The irs will publish the official tax brackets and other tax numbers for 2024 later this year, likely in october. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.
