Sentences with phrase «bracket than a married couple»

Not exact matches

By contrast, married joint - filing couples don't reach that tax bracket until they have more than $ 75,900 of taxable income, and single taxpayers need more than $ 37,950 of taxable income to be in the 25 % bracket for 2017.

Filing jointly usually puts you in a lower tax bracket than you'd be in if you filed individually; the standard deduction for a married couple is higher than if each goes it alone; you can usually make bigger IRA contributions if you file together.

Once married couples get past the 15 % tax bracket, the IRS treats their income differently than if they were single.

Because of the way the tax tables are written, a married couple filing jointly can actually be pushed up an income bracket, paying hundreds or thousands of dollars more than they would if they filed separately.