What Are The Tax Brackets For 2024 Married Jointly

What Are The Tax Brackets For 2024 Married Jointly. For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023. Single, married filing jointly or qualifying widow(er), married filing separately and head of.

A tax bracket is a range of income taxed at a specific rate. There are seven federal tax brackets for tax year 2024.