2024 Tax Brackets: Married Jointly Or

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2024 Tax Brackets: Married Jointly Or. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.


2024 Tax Brackets: Married Jointly Or

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). For 2024, inflation adjustments increased the size of tax brackets by about 5.4%.

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