Question: According to Rev Proc 2 0 2 3 - 3 4 which can be found by searching on the IRS.gov website, the following answer is

According to Rev Proc 2023-34 which can be found by searching on the
IRS.gov website,
the following answer is true
The Top tax rate has increased from 37% to 39%
The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200
he annual exclusion for gifts remains at $17,000 for calendar year 2024
The personal exemption for tax year 2024 has been reinstated
According to Rev Proc 2023-34 which can be found by searching

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