What Are The Tax Brackets For 2024 Income Tax Return

What Are The Tax Brackets For 2024 Income Tax Return. What is the income tax? Find the current tax rates for other filing statuses.

The amount of tax your employer deducts from your paycheque varies based on where you fall inside the federal and alberta tax brackets. For instance, the 22% tax bracket for single filers applies to $53,374 of income for the 2024 tax year (i.e., income from $47,151 to $100,525), but it applies to $54,874 of income for 2024 (i.e.