📅Don't forget! The US tax return filing due date for Calendar year 2023, i.e., 15th April 2024, is around the corner. It's time to prepare!
An individual should consider their filing status. Under US tax laws, different filing statuses are provided. Evaluate your status as per your applicability to ensure accurate filing. 💼💰
Different tax rates have been provided under each status. There are seven brackets (10%, 12%, 22%, 24%, 32%, 35%, and 37%) applicable to each filing status. Choose the appropriate schedule to compute your tax accurately.
1️⃣ Qualifying widow(er) with dependent child
2️⃣ Unmarried head of household
3️⃣ Single individual
4️⃣ Married individual filing joint return
5️⃣ Married filing separately
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