2024 Tax Brackets Married Filing Jointly Irs. Below, cnbc select breaks down the updated tax brackets for 2024 and. The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons:
The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.