Tax Year 2024 Ready!
● US Income tax computations for 2024, 2023 & 2022
● Updated 2024 computations include-
• Projected tax rate tables
• Updated FICA and Self-employment Tax
• Increased standard deductions
• Updated Alternative Minimum Tax Exemption (AMT)
• Updated Maximum capital gain rate amounts
• Updated Qualified Business Income threshold
• Updated base for Social Security
• Updated Student Loan Interest deduction
● Provides computation details for IRS forms, updated for 2023