Here are your new income tax brackets for 2021

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Here are your new income tax brackets for 2021 (via CNBCMakeIt)

Taxable income over $523,600

These are the rates and income brackets for federal taxes. Your state may have different brackets, no taxes at all or a flat rate.have been taken. The IRS also announced that the standard deduction for tax year 2021 will increase by $300 to $25,100 for married couples filing jointly, and by $150 to $12,550 for single individuals and married individuals filing separately. For heads of households, the standard deduction will increase by $150 to $18,800.

 

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MakeIt Where's the tax bracket that correlates to paying $750? Asking for a friend.

MakeIt

MakeIt That would depend on who wins. If Biden wins taxes go WAY up for EVERYONE, not just the top earners. Like Obama’s term.

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