Amid soaring inflation, the IRS this week announced higher federal income tax brackets and standard deductions for 2023.
The agency has boosted the income thresholds for each bracket, applying to tax year 2023 for returns filed in 2024.
Amid soaring inflation, the IRS this week announced higher federal income tax brackets and standard deductions for 2023.
The agency has boosted the income thresholds for each bracket, applying to tax year 2023 for returns filed in 2024.
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