2024 Tax Brackets Married Jointly. The new tax brackets for 2025 reflect the small inflation increase. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
In 2024 and 2025, the income tax rates for each of the seven brackets are the same: For example, a married couple filing jointly will now be taxed at the top rate of 37% on income over $751,600.
