2024 Income Tax Brackets Married Jointly Tax Brackets

2024 Income Tax Brackets Married Jointly Tax Brackets. 2024 tax brackets for married couples filing jointly. Taxpayers who are 65 years of age or older (whether or not they are retired) are eligible for an extra standard deduction of $1,850 for 2023 if they are single or heads.

As your income goes up, the tax rate on the next layer of income is higher. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.