Do You Know Your Income Tax Rates?
Money Talk
FEBRUARY 15, 2024
Under the most recently passed tax law, the Tax Cuts and Jobs Act of 2017, there are currently seven income range segments for four tax filing status categories (single, married filing jointly, married filing separately, and head of household) that are taxed at increasing rates as income rises. 401(k)s, 403(b)s, and traditional IRAs).
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