Married Filing Jointly 2024 Tax Brackets. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of. As your income goes up, the tax rate on the next layer of income is higher.
See current federal tax brackets and rates based on your income and filing status. The top rate of 37%, for instance, will apply to individuals with annual taxable income above $609,350 or to jointly filing married couples who earn more than $731,200.
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