Tax Bracket 2024 Married Filing Separately Excited. For the 2023 tax year, the standard deduction for married couples filing jointly is $27,700, nearly double the $13,850 deduction for those filing separately. You pay tax as a percentage of your income in layers called tax brackets.

For 2024, the tax brackets have changed slightly. The 10% tax bracket has been expanded to include more taxpayers, and the 22% and 24% tax brackets have been adjusted upwards.