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These Are the New Federal Tax Brackets and Standard Deductions for 2024

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The Internal Revenue Service on Thursday .css-1exbff7-Wrapper{display:contents;}.css-ml87vx-OverridedLink{color:rgba(0,30,32,1);border-bottom:1px solid rgba(0,123,189,1);-webkit-text-decoration:none;text-decoration:none;line-height:1;}.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink svg{fill:rgba(0,30,32,1);width:16px;height:16px;margin-left:4px;}.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:active,.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:visited,.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:hover,.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:focus,.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:focus-visible,.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:focus-within,.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:target{color:rgba(0,30,32,1)!important;-webkit-text-decoration:none;text-decoration:none;}.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:active.css-ml87vx-OverridedLink.css-ml87vx-OverridedLink:active 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1);}}.css-qypvyc.css-qypvyc{width:16px;height:16px;}.css-laqdpn-EmotionIconBase{display:inline-block;vertical-align:middle;overflow:hidden;fill:rgba(0,30,32,1);vertical-align:unset;display:inline-block;}@media screen and (prefers-reduced-motion: no-preference){.css-laqdpn-EmotionIconBase{transition-property:fill;transition-duration:200ms;transition-timing-function:cubic-bezier(0, 0, .5, 1);}}@media screen and (prefers-reduced-motion: reduce){.css-laqdpn-EmotionIconBase{transition-property:fill;transition-duration:0ms;transition-timing-function:cubic-bezier(0, 0, .5, 1);}}.css-laqdpn-EmotionIconBase.css-laqdpn-EmotionIconBase{width:16px;height:16px;}External link the inflation adjustments for the standard deduction, federal income tax brackets, and a host of other provisions for tax year 2024.

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