Eve Melantha

Tax Brackets 2024 Married Filing Jointly. For the 2024 tax year, the standard deduction is $29,200 for married couples who file jointly and $14,600 for both single filers and married filers who file separately. The irs also raised the standard deduction for 2024, increasing it to $14,600 for single filers and $29,200 for married couples filing jointly.

Yep, this year the income limits for all tax brackets will be adjusted for inflation, so let’s take a closer look at what tax rates and tax brackets are and how they change how much you pay in federal income tax. See current federal tax brackets and rates based on your income and filing status.