What Are The Income Tax Brackets For 2024 Married Jointly . For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. The standard deduction for married couples filing jointly was $29,200 in 2024, while heads of household saw a $21,900 standard deduction in 2024.
The standard deduction is the fixed amount the irs allows. Below, cnbc select breaks down the updated tax brackets for 2024 and what you need to.
What Are The Income Tax Brackets For 2024 Married Jointly Images References :
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IRS Sets 2024 Tax Brackets with Inflation Adjustments , The tax brackets consist of the following marginal rates:
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