Page 40 - Taxes Rates Reference Guide 2024
P. 40

// TRUST AND ESTATES



               - 2023






  Trust s and Est at es




  If Taxable              But not over Tax is                              Plus                    Of the
  income is over                                                                                   amount over



  $0                      $ 2,900                  10%                                             $0





  $ 2,900                 $ 10,550                 $ 290                   24%                     $ 2,900





  $ 10,550                $ 14,450                 $ 2,126                 35%                     $ 10,550





  $ 14,450                                         $ 3,491                 37%                     $ 14,450






  All rates mentioned above are applicable for Tax Year only




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