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2024 Tax Rates And Standard Deduction For Single. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). Bloomberg tax has released its annual projected u.s.
New 2024 income tax brackets and a higher standard deduction may mean tax cuts for many americans. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.
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