2024 Married Tax Brackets Married Jointly Meaning . The standard deduction—which lowers your taxable income—is increasing by more than 5% in 2024. Married couples filing jointly enjoy a tax status where they combine their incomes and file a single tax return.
The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year. Married filing jointly or qualifying surviving spouse.
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Tax Brackets Definition, Types, How They Work, 2024 Rates , To figure out your tax bracket, first look at the rates for the filing status you plan to use:
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