Tax Brackets 2024 Standard Deduction

Tax Brackets 2024 Standard Deduction. 37% for individual single taxpayers with incomes greater than $609,350 and for married couples. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).

New 2024 income tax brackets and a higher standard deduction may mean tax cuts for many americans. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).