Tax Brackets For 2024 Married Filing Jointly Calculator. 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. Based on your projected tax withholding for the year, we can also.

You pay tax as a percentage of your income in layers called tax brackets. If you want to know your marginal tax bracket for the 2023 tax year, use our calculator.