2024 Tax Rates And Deductions For Seniors

2024 Tax Rates And Deductions For Seniors. The 2024 standard deduction for seniors is $1,950 higher than for people younger than 65 who file as individuals. The 15% tax rate is for filers with taxable incomes between the.

See current federal tax brackets and rates based on your income and filing status. As in 2023, the marginal tax rate (s) of 10%, 12%, 22%, 24%, 32%, 35%, and.