Irs Tax Brackets 2024 Married Filing Jointly. 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. For 2024, the maximum earned income tax credit (eitc) amount available is $7,830 for married taxpayers filing jointly who have three or more qualifying children—it was.

The top marginal income tax rate. Single taxpayers and married individuals filing separately will have a standard deduction of $14,600, an increase of $750 from the current tax year.