2024 Tax Rates And Standard Deductions Over 65

2024 Tax Rates And Standard Deductions Over 65. 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate). 2024 standard deduction over 65.

Taxpayers can now choose to pay income tax at lower rates under the new tax regime slabs on the condition that they withdraw from being considered for specific. If you don’t itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year.