Tax Brackets 2024 Married Jointly With Spouse. For married couples filing jointly, the phaseout of the credit begins at $29,640 of adjusted gross income (or earned. You pay tax as a percentage of your income in layers called tax brackets.

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: The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year.