Renie Jeanine

2024 Tax Brackets Vs 2024 Income Tax. The changes are meant to offset the impact of inflation. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.

The tax year 2024 adjustments described below generally apply to income tax returns filed in 2025. The tax items for tax year 2024 of greatest interest to most.