Avrit Carlene

2024 Tax Brackets Irs Married Filing Jointly. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). The standard deduction is the fixed amount the irs allows you to deduct from your.

You pay tax as a percentage of your income in layers called tax brackets. 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.