Last year, right around this time, after the new tax law levels were released from the various entities, mostly the IRS, we happily struggled to put together a reasonably formatted CHEAT SHEET, for lack of a better term. But after a year of use, comments, and handy reference guide, this year we’re happy to have found an even more comprehensive sheet at the bottom of this post. And we’ll also have this prominently posted here on our www.street-cents.com site.
We certainly understand as you can tell with comprehension may come some confusion on just a lot of darn numbers. Given this fact we have highlighted the areas of most use, most confusion and most important, for future easy reference in 2024.
In addition to all of the good news above, occasionally some of these data points are changed … sometimes right at the last moment, which we will be able to have updated and let you know if they do as we will update all areas that we have this legend or CHEAT SHEET post.
Last year’s collage of tax tables formulated the focus point of our Q1 Newsletter this year’s much more premium and pristine table will also be the focus and those with steely memories may recall that the Secure Act 2.0 was passed at the very last minute in 2022 with many tax law changes that kick in in 2024 and a couple that were still punted out to the future.
On all forward facing sources of our Cheat Sheet please Click to have a full screenshot for better reference and these are totally printable and you may share at your leisure as we have licensed this for reprint!
Have a Great “Total Tax Table CHEAT SHEET” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth