Us Tax Brackets 2024 Married Filing Jointly Vs Separately
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Us Tax Brackets 2024 Married Filing Jointly Vs Separately. You pay tax as a percentage of your income in layers called tax brackets. But filing separately helps protect you from errors and omissions made by your spouse.
In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700). For example, the 2023 standard deduction for married filing jointly is $27,700 ($29,200 in 2024) versus just $13,850 ($14,600 in 2024) for married filing separately.
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