New 2024 Tax Brackets Married Filing Jointly Synonym

New 2024 Tax Brackets Married Filing Jointly Synonym. The larger 2024 standard deduction is $14,600 for individuals, up $750 from the 2023 amount. The income tax calculator estimates the refund or potential owed amount on a federal tax return.

To figure out your tax bracket, first look at the rates for the filing status you plan to use: 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.