Tax Brackets 2024 Married Jointly Irs. Married couples filing jointly enjoy a tax status where they combine their incomes and file a single tax return. Yep, this year the income limits for all tax brackets will be adjusted for inflation, so let’s take a closer look at what tax rates and tax brackets are and how they change how much you pay in federal income tax.
The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year. The lower your taxable income is, the lower your tax bill.
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