Tax Brackets For 2024 Married Filing Jointly Irs

Tax Brackets For 2024 Married Filing Jointly Irs. For example, if your filing status is married filing jointly and your taxable income is $115,000, your tax bracket is 22%. You pay tax as a percentage of your income in layers called tax brackets.


Tax Brackets For 2024 Married Filing Jointly Irs

For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%. Married couples filing jointly will see a deduction of $29,200, a boost of $1,500 from 2023, while heads of household will see a jump to $21,900 for heads of household, an.

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