Tax Brackets 2024 Married Jointly Over 65

Tax Brackets 2024 Married Jointly Over 65. For individuals, that rate kicks in at $626,350. 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 $30,700 if both are).


Tax Brackets 2024 Married Jointly Over 65

The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts.

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