Irs 2024 Tax Brackets Married. As your income goes up, the tax rate on the next layer of income is higher. 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.

There are seven federal tax brackets for tax year 2024. Check your 2024 irs federal income tax bracket to see if you fall into a lower bracket due to inflation, which could lower your tax bill next year.