2024 Tax Brackets Married Filing Jointly Synonym . The income tax brackets for tax year 2024 have also been adjusted accordingly based on recent economic activity: Find the current tax rates for other filing statuses.
The exemption amount for married couples filing jointly increased to $133,300 and begins to phase out at $1,218,700, up $6,800 and $62,400 compared to tax year 2023, the irs said. For 2024, inflation adjustments increased the size of tax brackets by about 5.4%.
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2024 Tax Brackets Married Jointly Synonym Otha Christalle , For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.
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