2024 Brackets Irs. The standard deduction is increasing to $29,200 for married couples filing. The irs is changing over 60 tax provisions for the 2024 tax year, including a 5% increase to the standard deduction, due to inflation.

The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%.