2024 Tax Brackets And Standard Deductions Married Jointly

2024 Tax Brackets And Standard Deductions Married Jointly. For the 2023 tax year, the additional standard deduction amounts are $1,850 for single filers or heads of household and $1,500 for married filers or qualifying widow (er)s. Single or married filing separately:

Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. 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).