2024 Tax Brackets Single Over 65. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. Your bracket depends on your taxable income and filing status.
Explore updated credits, deductions, and exemptions, including the standard deduction & personal exemption, alternative minimum tax (amt), earned income tax credit. The internal revenue service adjusts federal income tax brackets annually to account for inflation, and the new brackets can help you estimate your tax obligation based on.
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