2024 Income Tax Brackets Married Jointly. Single, married filing jointly, married filing separately, or head of household. As your income goes up, the tax rate on the next layer of income is higher.
The standard deduction is the fixed amount the irs allows you to deduct from your. For example, for a married couple filing jointly with $95,000 in taxable income, their marginal tax rate for 2024 would be 22% even though they are only paying.