2024 Tax Brackets Single Over 65. As your income goes up, the tax rate on the next layer of income is higher. 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.
The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts and jobs act of 2017 (tcja). Tax brackets 2024 married jointly over 65 ardith mozelle, the tax rates will remain 10%, 12%, 22%, 24%, 32%, 35% and 37%.
2024 Tax Brackets Single Over 65 Images References :