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2. IRS announces new income tax brackets for 2024 - AOL

   www.aol.com/news/irs-announces-income-tax...

   The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024.

3. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

   www.aol.com/2024-tax-brackets-income-rates...

   In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

4. 4 Ways To Find Tax Deductions That Work for You in 2025 - AOL

   www.aol.com/finance/4-ways-tax-deductions-2024...

   According to the IRS, deductions lower your income before you calculate the tax you owe. Most people take the standard deduction — for 2024 that will be $14,600 for single individuals or $29,200 ...

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

   www.aol.com/finance/taxes-2024-irs-increases-tax...

   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...

6. Tax breaks after 50 you might not know about - AOL

   www.aol.com/finance/tax-breaks-after-50-you...

   The standard deduction for 2025 has increased from $14,600 for individuals and $29,200 for joint filers in 2024. Here are additional 2025 standard deductions ... low-income Americans ...

7. Tax Reduction Act of 1975 - Wikipedia

   en.wikipedia.org/wiki/Tax_Reduction_Act_of_1975

   Tax Reduction Act of 1975; Long title: An act to amend the Internal Revenue Code of 1954 to provide for a refund of 1974 individual income taxes, to increase the low income allowance and the percentage standard deduction, to provide a credit for personal exemptions and a credit for certain earned income, to increase the investment credit and the surtax exemption, to reduce percentage depletion ...

8. Some might see a bigger 2024 tax refund after inflation ...

   www.aol.com/finance/might-see-bigger-2024-tax...

   The standard deduction is rising 6.9% or 7.2%, depending on filing status, while the Earned Income Tax Credit amount will increase by 7.1%, the Internal Revenue Service announced this week.

9. IRS Updates Earned Income Tax Credit for 2025: More ... - AOL

   www.aol.com/finance/irs-updates-earned-income...

   The EITC was created to give low to moderate-income workers a financial boost. ... must be under $11,600 in the tax year 2024. ... file jointly will also see an increase in the standard deduction ...