2025 Standard Deductions And Tax Brackets Married Filing Jointly. The union budget 2025 could bring a major overhaul to india's taxation system with the introduction of joint taxation for married couples. For the tax year 2025, the top tax rate is 37% for individual single taxpayers with incomes greater than $626,350 ($751,600 for married couples filing jointly).

Here’s how that works for a single person with taxable income of $58,000 per year: The irs released the following tax brackets and income levels for 2025: