Income Tax Brackets 2024 Single

Income Tax Brackets 2024 Single. Tcja already increased the standard deduction back in 2017 — e.g., from $6,500 to $12,000 for single filers. These brackets apply to federal income tax returns you would normally file.

This page has the latest south carolina brackets and tax rates, plus a south carolina income tax calculator. If your income hasn’t kept pace with inflation this year, you may soon get some financial relief in the form of a tax cut.