Tax Bracket 2025 Married Filing Jointly

Tax Bracket 2025 Married Filing Jointly. The standard deduction for married couples filing jointly for tax year 2025 rises to $29,200, an increase of $1,500 from tax year 2023. As your income goes up, the tax rate on the next layer of income is higher.

You pay tax as a percentage of your income in layers called tax brackets. Based on your annual taxable income and filing status, your tax bracket determines your federal tax rate.