2024 Tax Brackets For Seniors. 10%, 12%, 22%, 24%, 32%, 35% and 37%. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly).
Hence, the maximum rate of surcharge on tax payable on such incomes shall be 15%. Senior taxpayers frequently asked questions.
Head Of Household, Age 65 And Over.
10%, 12%, 22%, 24%, 32%, 35% and 37%.
2024 Federal Income Tax Rates.
In 2024, the top tax rate of 37% applies to those earning over $609,350 for individual single filers, up from $578,125 last year.
People Who Are Age 65 And Over Have A Higher Standard Deduction Than The Basic Standard Deduction.
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The top marginal income tax rate of 37 percent will hit taxpayers with taxable.
10%, 12%, 22%, 24%, 32%, 35%, And 37%.
Your taxable income is your income after various deductions, credits, and exemptions have been applied.
