2024 Tax Calculator For Seniors 2024. You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years. This tax return and refund estimator is for tax year 2024.

All other values are based on 2024 tax. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).

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Assessment Year 2024 25 Tax Calculator Image to u, The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse).

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