What Are The Income Tax Brackets For 2024 Married Jointly. As your income goes up, the tax rate on the next layer of income is higher. For 2024, the irs made adjustments to federal income tax brackets to account for inflation, including raising the standard deduction to $14,600 (up from $13,850) for single filers and.
For 2024, the irs made adjustments to federal income tax brackets to account for inflation, including raising the standard deduction to $14,600 (up from $13,850) for single filers and. The tax brackets consist of the following marginal rates: