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IRS Releases Tax Inflation Adjustments for Tax Year 2024

The IRS has announced the annual inflation adjustments for the tax year 2024 for more than 60 tax provisions, including the tax rate schedules and other tax changes.

Revenue serviceInternal revenue serviceRevenue procedureAlternative minimum taxEarned income tax creditMedical savings accountTax cutsLifetime learning credit

A look at your new income tax brackets for 2024

The Internal Revenue Service announced its annual inflation adjustments last week.

Revenue serviceInternal revenue serviceAlternative minimum taxEarned income tax creditMedical savings accountRevenue procedure

IRS announces increase in standard deductions, marginal tax rates, other adjustments

IRS announces increase in standard deductions, marginal tax rates, other adjustments
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Alternative minimum taxEarned income tax creditMedical savings account

IRS announces increase in standard deductions, marginal tax rates, other adjustments

The IRS also announced the new marginal tax rates for 2024, new standard deductions and a slew of other new rates.

Alternative minimum taxEarned income tax creditMedical savings account

IRS announces increase in standard deductions, marginal tax rates, other adjustments

The IRS also announced the new marginal tax rates for 2024, new standard deductions and a slew of other new rates.

Alternative minimum taxEarned income tax creditMedical savings account

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