2024 Tax Brackets Married Filing Jointly. 10%, 12%, 22%, 24%, 32%, 35% and 37%. See current federal tax brackets and rates based on your income and filing status.
Taxable income (married filing jointly) 10%: The tax inflation adjustments for 2024 rose by 5.4% from 2023 (which is slightly lower than the 7.1% increase the 2023 tax year had over the 2022 rates).
Enhanced Standard Deductions And Tax Credits.
Single filers and married couples filing jointly;
The 2023 Tax Year—Meaning The Return You’ll File In 2024—Will Have The Same Seven Federal Income Tax Brackets As The Last Few Seasons:
Married filing jointly, one person age 65 and over:
The Internal Revenue Service Raised The Thresholds For Taxes Filed This Year To Adjust For Inflation.
Images References :
See Current Federal Tax Brackets And Rates Based On Your Income And Filing Status.
One of the most immediate benefits of filing jointly is the significantly higher standard deduction.