The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain ...

Last year, the IRS adjusted its tax brackets to ... you should note for the current tax season. The standard deduction for married couples filing jointly for tax year 2024 is $29,200, an increase ...

you might want to know that there are new federal income tax brackets for tax year 2024. Every year, the IRS adjusts more than 60 tax provisions, including federal tax brackets, for inflation.

Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.

For example, single filers with taxable income ranging from $100,525 to $191,950 in 2024 will be in the 24% tax bracket. But that doesn't mean they'll pay 24% of their entire taxable income.

Every year, the Social Security Administration announces a cost-of-living adjustment for Social Security benefits, known as COLA, for the upcoming year. For 2024, the COLA will be 3.2%. This means ...