Tax Season 2025: Understanding New Tax Bracket Changes

Reported about 9 hours ago

As Tax Season 2025 begins, it's crucial to comprehend the updates to tax brackets which range from 10% to 37%. Yahoo Finance's Molly Moorhead explains how a progressive taxation system ensures that a single filer earning $80,000 would pay approximately $9,400 in taxes instead of $17,000. To learn more about recent market trends and expert advice, viewers are encouraged to explore additional content from Wealth.

Source: YAHOO

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