Fed Tax Rates 2024 Pdf

Fed Tax Rates 2024 Pdf. The standard deduction — the set amount of money by which you can reduce the income you’re taxed on if you don’t itemize — will get a boost to $14,600 for single. More rate cuts are likely in 2025 as inflation continues.

More rate cuts are likely in 2025 as inflation continues. The federal reserve just reduced interest rates for the first time in four years.