What Are The Tax Brackets For 2024 Married Filing Jointly

What Are The Tax Brackets For 2024 Married Filing Jointly. The change will raise the top tax rate of 37% to $609,350 for individuals and $731,200 for married couples filing jointly—up from the current tax season’s threshold of. To figure out your tax bracket, first look at the rates for the filing status you plan to use:

For married couples filing jointly, it will rise to $29,200 for 2024, up from $27,700 in 2023. For 2024, the irs made adjustments to federal income tax brackets to account for inflation, including raising the standard deduction to $14,600 (up from $13,850) for single filers and.