2024 Tax Married Jointly Rate

2024 Tax Married Jointly Rate. The new standard deduction for married couples filing jointly will rise to $29,200, an increase of $1,500 from the current tax year. In addition, the standard deduction is $14,600 for single filers for the 2024 tax year, up from $13,850 for 2023.

The federal income tax has seven tax rates in 2024: 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).