Tax Rates 2024 Married Filing Jointly Over 65. For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. 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.
It’s $3,100 per qualifying individual if you are married,. For tax year 2024, the top tax rate remains 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly).
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