Income Tax Brackets 2024 Married Jointly. Single, married filing jointly, married filing separately, or head of household. 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 exemption begins to phase out at $1,218,700).

Tax implications for married couples filing jointly in 2024. To figure out your tax bracket, first look at the rates for the filing status you plan to use: