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  2. What are the tax brackets for tax years 2024 and 2025? What ...

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    For married couples filing jointly for tax year 2024, the deduction increased to $29,200, up $1,500 from tax year 2023, the IRS said. The IRS noted that for the head of household, the standard ...

  3. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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    As of 2024, you can contribute up to $4,150 per year if you have self-only coverage and $8,300 if you have family coverage and deduct the amount you or someone other than your employer made to ...

  4. Taxes 2024: IRS Increases Tax Deductions $1,500 To ... - AOL

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    The Internal Revenue Service (IRS) announced its annual inflation adjustments for tax year 2024 on Nov. 9. Billionaires vs. the Middle Class: Who Pays More in Taxes?Find: What To Do If You Owe Back...

  5. Tax deductions and credits may boost your refund. Which ones ...

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    More than 140 million individual federal income tax returns for tax year 2024 to be filed ahead of the April 15 federal deadline for most taxpayers, according to the Internal Revenue Service.

  6. IRS announces new income tax brackets - AOL

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    For tax year 2024, each of the seven rates will apply to the following new income tax brackets: 10%: Income up to $11,600 ($23,200 for married couples filing jointly) 12%: Income over $11,600 ...

  7. When is Tax Day 2025? All about deductions, income ... - AOL

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    For the top individual tax bracket, the 2024 income threshold was raised to $609,350. Above that income, you pay the top tax rate, 37%. ... The standard deduction for 2024 is $14,600 for ...