2024 Tax Rates And Standard Deductions Table. The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly. Standard deduction limit for salaried and pensioners hiked to rs 75,000 from rs 50,000.
And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the amount for tax year 2023. 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate).
2024 Tax Rates And Standard Deductions Table Images References :