2024 Tax Brackets Married Filing Separately Single. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax.
Married couples filing jointly enjoy a tax status where they combine their incomes and file a single tax return. Your tax bracket depends on your taxable income and your filing status: