2024 Tax Rates Married Filing Jointly Over 65. For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023. Find out how much tax you will pay and which tax rate applies to you based on your income and filing status.
For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). Find out how much tax you pay as a percentage of your income in different tax brackets for 2023.
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