2024 Tax Tables And Standard Deductions.  — there are seven federal tax brackets for tax year 2024. The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.

Use eitc tables to find the maximum credit amounts you can claim for the. The budget 2024 announced a rs.25,000 hike in the standard deduction under the new regime.