Tax Brackets 2024 Senior Citizens

Tax Brackets 2024 Senior Citizens

Tax Brackets 2024 Senior Citizens. Tax information for seniors and retirees, including typical sources of income in retirement and special tax rules. The federal income tax has seven tax rates in 2024:


Tax Brackets 2024 Senior Citizens

The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. 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.

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