Planning For The 2024 Tax Season Irs. The irs is currently planning for a threshold of $5,000 for tax year 2024 (the taxes you file in 2025) as part of the phase in to implement the lower over $600 threshold enacted under the american rescue plan. The 15% tax rate is for filers with taxable incomes between the.
The irs is currently planning for a threshold of $5,000 for tax year 2024 (the taxes you file in 2025) as part of the phase in to implement the lower over $600 threshold enacted under the american rescue plan. Here are major filing season numbers in 10 key areas.
