What Are The Tax Brackets For 2024-25 202425 Married Jointly. The standard deduction will also increase in 2024, rising to $29,200 for married couples filing jointly, up from $27,700 in 2023. As your income goes up, the tax rate on the next layer of income is higher.

For tax year 2023, or the taxes you file in april 2024, these are the tax brackets and income thresholds for the various filing statuses: Single, married filing jointly, married filing separately, head of household, and qualifying widow(er) with dependent child.