Updates
Updates include calculation and rate changes resulting from inflation adjustments, legislative changes, and review of supported authorities to reflect current tax law.
Effective dates indicate when the changes enter into force. Updates are effective January 1, 2024, unless stated otherwise.
Amounts are given in USD. Amounts are annual unless stated otherwise.
United States
Georgia
Updated the following:
Decreased the supplemental and statute tax rates by 0.10% to 5.39%.
Increased the dependent exemption by $1,000 to $4,000.
Idaho
Updated the following for all filing status:
Decreased the supplemental and statute tax rates by 0.105% to 5.695%.
Increased the 0% bracket threshold by $2,174 to $4,674 for single employees.
Indiana
Updated the rates for 13 local tax authorities.
Kentucky
Updated the rates and thresholds for four local tax authorities, effective March 1, 2024.
Michigan
Corrected the supplemental and statute tax rates for 2024, increasing them from 4.05% to 4.25%. The previous rate was introduced in the 20230928 Tax Rate Update.
Ohio
Updated the rates for 8 local tax authorities.
Pennsylvania
Updated the rates for 11 local tax authorities.
Utah
Decreased the supplemental and statute tax rates:
By 0.20% to 4.65%, effective January 1, 2023.
By 0.10% to 4.55%.