Irs 2024 Tax Brackets For Seniors

Irs 2024 Tax Brackets For Seniors. The top tax rate remains 37% in. In 2024 (for the 2025 return), the seven federal tax brackets persist:

You will pay 10 percent on taxable income up to $11,600, 12 percent on the amount over $11,600 to $47,150, and 22 percent above that (up to $100,525). For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.