Barbey Margarette

Tax Brackets 2024 Married Filing Jointly Vs Single. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). Single, married filing jointly, married filing separately or head of household.

The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year. What is a marginal tax rate?