Us Tax Brackets 2024 Married Filing Jointly Vs Jointly

Us Tax Brackets 2024 Married Filing Jointly Vs Jointly. For example, the law nearly doubled the standard deduction to $12,000 for single filers and $24,000 for married couples filing jointly. 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.

For tax year 2024, or the taxes you file in april 2025, these are the tax brackets and income thresholds for the various filing statuses: For 2024, the maximum earned income tax credit (eitc) amount available is $7,830 for married taxpayers filing jointly who have three or more qualifying.