Tax Brackets 2024 Married Filing Jointly Meaning
Tax Brackets 2024 Married Filing Jointly Meaning . The standard deduction for single. The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.
The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. To figure out your tax bracket, first look at the rates for the filing status you plan to use:
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