Income Tax Brackets 2024 Married Jointly

Income Tax Brackets 2024 Married Jointly. 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. You pay tax as a percentage of your income in layers called tax brackets.

The standard deduction is the fixed amount the irs allows you to deduct from your. The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly.