U.S. IRS Announces Inflation Adjustments for 2017
On 25 October 2016, the U.S. IRS announced the annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules, and other tax changes. For the tax year 2017, the brackets and rates for unmarried individuals (other than surviving spouses and heads of households) are as follows:
- up to USD 9,325 - 10%
- over USD 9, 325 up to 37,950 - 15%
- over USD 37,950 up to 91,900 -…