Joint Marriage Tax Bracket 2024 . Married filing jointly is a tax filing status that allows a married couple to file a single tax return that records both of their taxable income, deductions, credits, and exemptions. Check out the latest income tax slab for salaried, individuals and senior citizens by the it department.
Married couples filing jointly receive a much larger standard deduction than single filers or those filing separately. For the 2023 tax year, the standard deduction for married couples filing jointly is $27,700, nearly double the $13,850 deduction for those filing separately.
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