2024 Tax Brackets Married Filing Jointly. Married filing jointly, surviving spouse. For married people filing jointly, the top rate kicks in at $693,750 in income.
The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year. 2023 and 2024 tax brackets and federal income tax rates.
10%, 12%, 22%, 24%, 32%, 35%, And 37%.
As everyone expected, the irs adjusted the 2024 rates for this crazy inflation we’re facing.
For 2024, The Deduction Is Worth:
Looking ahead to the tax year 2024, the tax brackets are anticipated to be adjusted further to account for inflation.
See The Tax Rates For The 2024 Tax Year.
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10%, 12%, 22%, 24%, 32%, 35%, And 37%.
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2023 Income Tax Brackets By Filing Status:
When deciding how to file your federal income tax return as a married couple, you have two filing status options:
