2024 Tax Brackets For Seniors Over 60

2024 Tax Brackets For Seniors Over 60. See current federal tax brackets and rates based on your income and filing status. These are the tax rates you will pay in 2025 based on the amount you earn next year.


2024 Tax Brackets For Seniors Over 60

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. However, if you are 65 or older and file as a single taxpayer, you get an extra $1,950 deduction for tax year 2024.

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