Tax Brackets for 2024
Highlights of changes in Revenue Procedure 2023-34:
Here are the tax brackets for Married Filing Jointly (MFJ)
for tax year 2024, to be filed in 2025.
Note: Columns "Tax Amount" and "Effective Tax Rate" are calculated.
401(k), IRA, HSA, FSA, Annual Gift Exclusion etc.
Here are the contribution limits changes from 2023 to 2024 for 401(k)/403(b)/457 Plans, HSA, FSA, IRA, Roth IRA, Social Security Wage Base and Annual Gift-Tax Exclusion Amount (to be used for 529-Plan contributions):