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5 SECTION 3. 2024 ADJUSTED ITEMS .01 Tax Rate Tables. For taxable years beginning in 2024, the tax rate tables under § 1 are as follows: TABLE 1 - Section 1(j)(2)(A) –Married Individuals Filing Joint Returns and Surviving Spouses

TABLE 2 - Section 1(j)(2)(B) – Heads of Households

If Taxable Income Is:

The Tax Is:

Not over $23,200

10% of the taxable income

Over $23,200 but not over $94,300

$2,320 plus 12% of the excess over $23,200

Over $94,300 but not over $201,050

$10,852 plus 22% of the excess over $94,300

Over $201,050 but not over $383,900

$34,337 plus 24% of the excess over $201,050

Over $383,900 but not over $487,450

$78,221 plus 32% of the excess over $383,900

Over $487,450 but not over $731,200

$111,357 plus 35% of the excess over $487,450

Over $731,200

$196,669.50 plus 37% of the excess over $731,200 If Taxable Income Is: The Tax Is:

Not over $16,550

10% of the taxable income

Over $16,550 but not over $63,100

$1,655 plus 12% of the excess over $16,550

Over $63,100 but not over $100,500

$7,241 plus 22% of the excess over $63,100

Over $100,500 but not over $191,950

$15,469 plus 24% of the excess over $100,500

Over $191,950 but not over $243,700

$37,417 plus 32% of the excess over $191,150