Us Tax Brackets 2024 Married Filing Jointly. The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year. For the top individual tax bracket, the 2024 income threshold was raised from $578,126 to $609,351.

The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. For the 2024 tax year, the standard deduction is $29,200 for married couples who file jointly and $14,600 for both single filers and married filers who file separately.