Tax Brackets 2024 Married Filing Separately Synonym. Here’s how that works for a single person with taxable income of $58,000 per year: See current federal tax brackets and rates based on your income and.

For the 2023 tax year, the standard deduction for married couples filing jointly is $27,700, nearly double the $13,850 deduction for those filing separately. Here’s how that works for a single person with taxable income of $58,000 per year: