Tax Brackets 2024 Calculator Married Jointly. 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. Enter your income and location to estimate your tax burden.
Your bracket depends on your taxable income and filing status. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.