Tax Brackets 2024 Married Filing Jointly Meaning. Last week the irs released the amounts for tax brackets and standard deduction for 2024. Discover the tax brackets for 2024 and 2025.

And for heads of households, the standard deduction will be $21,900 for tax year. If you have one child and your adjusted gross income was $46,560 (filing alone) or $53,120 (filing jointly with a spouse) in 2023, you could claim up to $3,995 in a refundable tax.