2024 2024 Taxes Zip. While there may be uncertainty about taxes due to the election, budget deficits, and sunsetting of tax cuts ahead, here are some things to do this year to help. Subtract your gross income with income taxes (federal, state, local) and payroll taxes (fica, state insurance).
Tax year 2024 currently is using 2023 data as 2024 data have not be released. The chart below details some of the various factors that can impact a taxpayer’s marginal tax rate, including both ordinary income tax.