Tax Brackets 2024 Married Jointly Over 65. The income tax calculator estimates the refund or potential owed amount on a federal tax return. 2024 tax brackets (taxes due in april 2025) the 2024 tax year, and the return due in 2025, will continue with these seven federal tax brackets:
The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700. As your income goes up, the tax rate on the next layer of income is higher.