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  2. FICA Tax Rate for 2023-2024: Everything You Need To Know - AOL

    www.aol.com/fica-tax-rate-2023-2024-200955986.html

    The 2023 FICA tax rate is 15.3%, but if you're a W-2 employee, your employer likely will pay half. Taxpayers in higher federal income tax brackets -- specially, those with over $200,000 in income ...

  3. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    Internal Revenue Code (IRC) IRS tax forms; ... The applicable basic standard deduction amounts for tax years 2006–2023 are as follows: ... 2024 [6] $14,600 $29,200 ...

  4. Important changes you need to know about this 2024 tax season

    www.aol.com/important-changes-know-2024-tax...

    Important changes you need to know about this 2024 tax season. Alexa Liacko. January 14, 2024 at 8:28 PM ... For single taxpayers, the standard deduction rises to $13,850 for 2023, up $900. “It ...

  5. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Marginal tax rates and income brackets for 2023 Marginal tax rate [34] Single taxable income Married filing jointly or qualified widow(er) taxable income Married filing separately taxable income [35] Head of household taxable income 10% $0 – $11,000: $0 – $22,000: $0 – $11,000: $0 – $15,700 12% $11,000 – $44,725: $22,000 – $89,450

  6. Free tax filing with IRS Direct File: What you need to know - AOL

    www.aol.com/finance/free-tax-filing-irs-direct...

    Taxpayers will be able to use Direct File to file their 2024 tax return starting on Jan. 27, when the IRS launches the 2025 tax season ... which provides certified volunteers to prepare basic tax ...

  7. Rate schedule (federal income tax) - Wikipedia

    en.wikipedia.org/wiki/Rate_schedule_(federal...

    The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").