2024 Tax Brackets For Seniors Over 65

2024 Tax Brackets For Seniors Over 65. The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons: 2024 tax brackets for seniors over 65 2024 tax brackets for seniors over 65.

The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or. 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.