Married Filing Joint 2024 Standard Deduction . In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700). For the tax year 2024, the top tax rate is 37% for individual.
Single filers are taxed at the lowest marginal tax rate of. The top tax rate will remain at 37% for married couples filing jointly, however the income bracket has increased from $693,750 in 2023 to $731,200 in 2024.
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