Standard Tax Deduction 2024 Married Jointly Under 80c . 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. The standard deduction is a set amount that you can deduct from your income before you are taxed.
See current federal tax brackets and rates based on your income and filing. This amount varies depending on your filing status.
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