Fawn Orelee

2024 Tax Brackets Married Filing Jointly. To figure out your tax bracket, first look at the rates for the filing status you plan to use: For example, if you’re married filing jointly for 2024 taxes with a taxable income of $95,000, you’d fall under the 22% tax bracket even though a majority of your taxable income ($94,300).

For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; For example, if you’re married filing jointly for 2024 taxes with a taxable income of $95,000, you’d fall under the 22% tax bracket even though a majority of your taxable income ($94,300).