2024 Tax Brackets Irs Married Jointly. As your income goes up, the tax rate on the next layer of income is higher. The highest earners fall into the 37% range,.

The federal income tax has seven tax rates in 2024: 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.