2024 Tax Rate Schedule Married Filing Jointly. Find the current tax rates for other filing statuses. 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.
The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly. For example, if youโre married and filing jointly for 2023 taxes with a taxable income of $95,000, youโd fall under the 22% tax bracket even though a majority of your.