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mfcorey1

(11,134 posts)
Sat Oct 31, 2020, 08:51 AM Oct 2020

The IRS has made changes to the tax bracket -- here's what it will mean for you [View all]

Earlier this week, the IRS announced the 2021 tax year annual inflation adjustments for more than 60 tax previsions. Those include tax rate schedules and other tax changes.

Everyone who pays taxes is grouped into seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. The changes have been made to keep pace with cost-of-living adjustments.

https://www.news4jax.com/features/2020/10/28/the-irs-has-made-changes-to-the-tax-bracket-heres-what-it-will-mean-for-you/

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