2024 2024 Tax Rates
2024 2024 Tax Rates. The 2024 edition of our us employment tax rates and limits report is now updated through june 25, 2024, to reflect the current federal and state wage limits and tax rates. Below, cnbc select breaks down the updated tax brackets for 2024 and what you need to know.
The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. 35% for incomes over $243,725