2024 Tax Brackets Married Filing Jointly
2024 Tax Brackets Married Filing Jointly. For married couples filing jointly, the standard deduction increases in 2024 to $29,200. The tax rates will remain the same through 2025, but the range of the brackets have increased.
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. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly).