2024 Tax Brackets For Seniors Over 65 Single

2024 Tax Brackets For Seniors Over 65 Single. 12% of the next $71,100 = $8,532. The 2023 tax year—meaning the return you’ll file in 2024—will have the same seven federal income tax brackets as the last few seasons:

For tax year 2024, the top tax rate remains 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). Individuals 65 or older at the end of 2023 must have gross income of at least $15,700 (versus $13,850 for younger workers) to be required to file a return.