Irs Tax Brackets 2024 Joint. The agency has boosted the income thresholds for each. 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 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year. The irs is introducing new income limits for its seven tax brackets, adjusting the thresholds to account for the impact of inflation.