Tax Brackets For 2024 Married Filing Jointly Over 65

Tax Brackets For 2024 Married Filing Jointly Over 65. For example, if you’re married filing jointly for 2024 taxes with a taxable income of $95,000, you’d fall under the 22% tax bracket even though a majority of your taxable income ($94,300). Your tax bracket shows you the tax rate that you will pay for each portion of your income.

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). The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550.