What Are The New Tax Brackets For 2024 Married Jointly. The internal revenue service (irs) has designated seven federal tax brackets that apply to both the 2023 tax year (the taxes you file in april 2024) and the. For comparison, the standard deduction amounts for single taxpayers and married taxpayers filing separately was $14,600 in 2024.
The next $35,550 will be taxed at 12%; For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly).