Tax Brackets: Do 2020 vs. 2021 Changes Raise Your Rates?
It's tax-prep season. And the IRS has raised the thresholds for federal tax brackets for income taxes and capital gains for 2021. That means many taxpayers with the same or even slighter higher income in 2021 vs. 2020 will still be in a lower bracket. They'll be subject to lower tax bills.
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