2024 Tax Brackets Australia Married Jointly. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers. Understanding the new tax rates and thresholds.
For tax year 2024, which applies to taxes filed in 2025, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32, 35%, and 37%. Find out how much tax you pay as a percentage of your income in different tax brackets for 2023.
