Tax Brackets 2024 Married Jointly Over 65. For example, a married couple filing jointly will now be taxed at the top rate of 37% on income over $751,600. For single taxpayers and married individuals filing separately, the standard deduction will rise to $14,600 for 2024, up $750 from this year;
You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years. A single filer (over the age of 65) will only have a $16,500 deduction!
Tax Brackets 2024 Married Jointly Over 65 Images References :