๐Ÿ“Š Understanding Tax Brackets and Changes in the New Tax Law ๐Ÿงพ

Published: Aug 13, 2024 Duration: 00:00:46 Category: People & Blogs

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you can see you know the 12% bracket goes to 15 22% goes to 25 so we're talking about 3 or 4% increases in most of those brackets curiously in the 32 and 35% bracket those don't change in the new tax law right so it's all these different you know you talk about tax law change you've got different limits as where the income is different things so um so you know your mileage may vary depending on what that looks like but for many folks that are currently in the 22 or 24% tax bracket 12% tax bracket these are what the scheduled changes are in 2026 so this tax year we know what it's going to look like next tax year we know what it's going to look like unless Congress changes anything 2026 this is what it looks like

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