What Are The Tax Brackets For 2024 Mfja

What Are The Tax Brackets For 2024 Mfja. The 2024 tax year (and the return due in 2025) will continue with these seven federal tax brackets: You pay tax as a percentage of your income in layers called tax brackets.


What Are The Tax Brackets For 2024 Mfja

The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. The bc tax brackets and personal tax credit amounts are increased for 2025 by an indexation factor of 1.028 (2.8% increase).

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