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Tax Bracket 2024 Philippines Married Jointly

Tax Bracket 2024 Philippines Married Jointly. For tax year 2024, the top tax rate remains 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples. The standard deduction is the fixed amount the.


Tax Bracket 2024 Philippines Married Jointly

The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.

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