2024 Tax Brackets For Seniors Over 65 Single

2024 Tax Brackets For Seniors Over 65 Single. 0% tax rate if they fall below $94,050 of taxable income if married filing jointly, $63,000 if head of household, or $47,025 if filing as single or married filing separately. Find the current tax rates for other filing statuses.

And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the amount for tax year 2023. Now, if you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.