2024 Vs 2025 Tax Brackets. The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023. Thanks to the tax cuts and jobs act of 2017 (tcja), the tiers for tax year 2025 will remain the same as they were in 2024.

10%, 12%, 22%, 24%, 32%, 35% and. 2025 irs tax brackets to see if you fall into a lower bracket, which could lower your federal income tax bill next year.