Tax Brackets For 2024 Married Filing Jointly Over 65. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024. 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.
In 2024, there are seven federal income tax rates: For tax year 2022, the top tax rate remains 37% for individual single taxpayers with incomes greater than $539,900 ($647,850 for married couples filing.
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