2024 Income Tax Brackets And Deductions Available. The irs and us treasury department announced an expansion of the types of returns that can be filed using irs direct file beyond what was available in the pilot. There are seven (7) tax rates in 2024.

The standard deduction is increasing to $29,200 for married couples. In this article we have discussed income tax deduction available to taxpayers from various sources of income for a.y.