What Are the Income Tax Brackets for 2020 vs. 2019?
Nov 15, 2019
2 minutes
Tax planning is all about thinking ahead. So, since the tax brackets for the 2020 tax year are available, you can (and should) start thinking about how to handle your 2020 finances in a tax-efficient way—even though you still might not have filed your 2019 tax return yet (). The 2020 tax rates themselves didn't change. They're the same as the seven tax rates in effect for the 2019 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%. However, the tax bracket ranges were adjusted, or.)
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