Federal Income Tax Brackets 2024. 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. Last updated 7 days ago.
Get every dollar you deserve* when you file with this tax product, powered by column tax. For both 2023 and 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%.