2024 Income Tax Brackets Married Jointly And

2024 Income Tax Brackets Married Jointly And. For the 2024 tax year, the standard deduction is $29,200 for married couples who file jointly and $14,600 for both single filers and married filers who file. Here are the latest income tax slabs that will be effective for the current financial year after budget 2024.

The federal income tax has seven tax rates in 2024: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.