Tax Brackets 2024 Married Filing Jointly Irs
Tax Brackets 2024 Married Filing Jointly Irs. Single, head of household, married filing jointly, married filing separately, and qualifying widow(er). The alternative minimum tax exemption amount for tax year 2024 is $85,700 and begins to phase out at $609,350 ($133,300 for married couples filing jointly for whom the exemption begins to phase out at $1,218,700).
For individuals, it will rise to $14,600 in 2024, up from $13,850 in 2023. See current federal tax brackets and rates based on your income and filing status.