2024 Income Tax Brackets Married Jointly With Dependents. Taxpayers may owe the amt if they earn at least $603,350 for singles or $1,218,700 for. You pay tax as a percentage of your income in layers called tax brackets.

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, if you’re married filing jointly for 2024 taxes with a taxable income of $95,000, you’d fall under the 22% tax bracket even though a majority of your taxable income ($94,300) falls under the 12% tax bracket.