Tax Bracket 2024 Married Filing Separately
The 2024 standard deduction amounts are as follows: 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).
For example, the 2023 standard deduction for married filing jointly is $27,700 ($29,200 in 2024) versus just $13,850 ($14,600 in 2024) for married filing separately. To figure out your tax bracket, first look at the rates for the filing status you plan to use:
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