2024 Tax Brackets Married Filing Jointly Irs. For instance, married taxpayers who file jointly and earn more than $23,850 (the top threshold for the 10% bracket) will likely pay $2,385 in federal income tax — or. This would drop to $13,850 each if they opt for married.

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. In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700).