Irs Tax Table 2024 Married Filing Jointly

Irs Tax Table 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 exemption begins to phase out at $1,218,700). See the 2023 tax tables.

The 2024 tax brackets apply to income earned this year, which is reported on tax returns filed in 2025. For example, just because a married couple files a joint return with $100,000 of taxable income in 2024 and their total taxable income falls within the 22% bracket for joint filers, it doesn’t.