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The applicable tax rates and income thresholds imposed by the 2017 tax reform legislation are set to expire for tax years beginning after December 31, 2025. 1. P.L. 115-97; IRC § 1(j)(2), Rev ...
For the 2023 tax year, for which you’ll file in 2024, tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37% based on taxable income and filing status. The top tax rate of 37% applies to individual ...