2024 Tax Brackets And Standard Deductions Over 65 . If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to. The tax brackets in 2024 are:
If you can be claimed as a dependent by another taxpayer, your 2024 standard deduction is. 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
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2024 Tax Brackets And Standard Deductions Pdf Willi Marjory , Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.