Fiduciaries, single individuals, and heads of household; after 2024.
The tax to be assessed, levied, and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates for taxable years beginning after December 31, 2024:
(a)#
On all taxable income from $0 to $14,680, 3.50 percent.
(b)#
On all taxable income exceeding $14,680 but not exceeding $50,480, 4.40 percent.
(c)#
On all taxable income exceeding $50,480 but not exceeding $323,290, 5.30 percent.
(d)#
On all taxable income exceeding $323,290, 7.65 percent.