New 2025 Tax Brackets Vs 2025 Tax Brackets Married Jointly. You pay tax as a percentage of your income in layers called tax brackets. In addition, the 2025 standard deduction will be $15,000 for single filers and $30,000 for married couples filing jointly, up from $14,600 and $29,200, respectively, for 2024.

The internal revenue service (irs) has recently announced the new tax brackets for the 2025 tax year, with adjustments to reflect inflation. The top marginal income tax rate of 37% will hit taxpayers with taxable income above $626,350 for single filers and above $751,200 for.