2024 Income Tax Brackets Married Jointly . 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. Your bracket depends on your taxable income and filing status.
The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single. Single, married filing jointly, married filing separately, or head of household.
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