Tax Brackets 2024 Married Filing Jointly Calculator. Knowing your income tax rate can help you calculate your tax liability for unexpected income, retirement planning or investment income. As your income goes up, the tax rate on the next layer of income is higher.
In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700). Federal income tax rates and brackets.
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