2024 Tax Brackets And Standard Deduction Over 65

2024 Tax Brackets And Standard Deduction Over 65. 10%, 12%, 22%, 24%, 32%, 35%, and 37%. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.

Higher standard deduction for age (65 or older). 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.