Irs Tax Rates 2024 Married Filing Jointly. The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: 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 filers and $29,200.
For example, just because a married couple files a joint return with $100,000 of taxable income in 2024 and their total taxable income. The additional standard deduction amount for an individual who is aged or blind is $1,550.