2024 Tax Brackets For Seniors Over 65 Single. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for. For 2024, the seven federal income tax rates are 10%, 12%, 22%, 24%, 32%, 35% and 37%.
In addition, the standard deduction is $14,600 for single filers. Instead, the 2024 tax brackets are tied to marginal tax rates.