2025 Single Deduction. The tcja lowered tax rates to 10%, 12%, 22%, 24%, 32%, 35%, and 37%. The finance ministry is reportedly considering raising the standard deduction limit for income taxpayers under the new tax regime while leaving.
The tcja lowered tax rates to 10%, 12%, 22%, 24%, 32%, 35%, and 37%. These amounts are provided in the chart below.
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