What Are the 2020 Tax Brackets?
We haven't even finished 2019 yet, but already people are starting to look forward to 2020. As tax season ramps up in late January, taxpayers will begin to look at how much they're likely to owe to the federal government in income taxes for the 2019 tax year.
Yet even though there's still a while to go before tax season gets started, the IRS has already released the 2020 income tax brackets that will apply to next year's income. They look a lot like what the 2019 tax brackets did, except that they reflect some inflationary adjustments that take place nearly every year.
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Source Fool.com
