
2024-2025 Federal Tax Brackets & Income Rates - NerdWallet
In 2024 and 2025, there are seven income tax rates and brackets, ranging from 10% to 37%. Find out which ones you're in, how tax rates work and what you can do to cut your tax bill.
2024 and 2025 State Income Tax Rates and How They Work
Feb 27, 2025 · State income tax rates can raise your tax bill. Find your state's income tax rate, see how it compares to others and see a list of states with no income tax.
Tax Brackets and Rates - NerdWallet
In 2024 and 2025, there are seven income tax rates and brackets, ranging from 10% to 37%. Find out which ones you're in, how tax rates work and what you can do to cut your tax bill.
2024 and 2025 Capital Gains Tax Rates and Rules - NerdWallet
Mar 3, 2025 · Profits from the sale of an asset held for more than a year are subject to long-term capital gains tax. The rates are 0%, 15% or 20%, depending on taxable income and filing status.
New York Income Tax: Rates, Who Pays in 2025 - NerdWallet
6 days ago · NY state tax rates are 4%, 4.5%, 5.25%, 5.5%, 6%, 6.85%, 9.5%, 10.3% and 10.9%. Here's who pays, residency rules and what's taxable.
Marginal Tax Rate: What It Is, Calculator - NerdWallet
Jan 16, 2025 · Your marginal tax rate is the highest tax rate you will pay. Use our calculator to determine your marginal tax rate for the 2024 tax year.
OASDI Tax: What It Is, How It Works - NerdWallet
Feb 7, 2025 · OASDI tax, also known as Social Security tax, is collected from paychecks to fund the Social Security program. In 2024, the OASDI tax rate is 6.2% for employees and 12.4% for …
IRS Mileage Rates 2024-2025: Rules, How to Calculate - NerdWallet
5 days ago · Standard mileage rates for 2025 apply to taxes filed in 2026. Compared with the previous year's rates, most remain the same, with the exception of business miles increasing …
Illinois Income Tax: Rates, Who Pays in 2025 - NerdWallet
Jan 31, 2025 · The Illinois income tax rate is a flat 4.95%. Unlike the federal government and many other states, Illinois does not have tax brackets that impose higher rates on people who …
Colorado State Income Tax: Rates and Who Pays in 2025
Feb 6, 2025 · For tax year 2024 (taxes filed in 2025), Colorado’s state income tax rate is 4.25%. Previously, Colorado's income tax rate was 4.4%, but the passage of Senate Bill 24-228 …