Tax Brackets For 2024 Tax Year Over 65

Tax Brackets For 2024 Tax Year Over 65. For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly — from $1,950 in 2024 (returns you’ll file soon in early 2025) to. For senior citizens (aged 60 years and above but below 80 years) the basic income exemption limit is of rs 3 lakh.

For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly — from $1,950 in 2024 (returns you’ll file soon in early 2025) to. 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate).