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Are Tax Brackets adjusted for inflation?

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Last Post by MannyK 3 months ago

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(@boeingflier)

Active Member Customer

Joined: 3 months ago

Posts: 8

Topic starter February 3, 2024 8:49 pm

I couldn't find my exact question but there was a related one that was close, so I think the answer is yes.

Is PRC gold adjusting tax brackets for inflation? for example, it tells me that with Roth conversions I'll be in the 28% bracket, but 33% without. Are those brackets inflated or are they 2024 numbers? Thanks!

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Stuart Matthews

(@smatthews51)

Member Admin

Joined: 4 years ago

Posts: 729

February 4, 2024 3:36 pm

@boeingflier Yes, the tax tables are adjusted for inflation.

Stuart

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(@boeingflier)

Active Member Customer

Joined: 3 months ago

Posts: 8

Topic starter February 4, 2024 4:51 pm

Great thanks!

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