Taxable Income Brackets 2024 Over 65
Taxable Income Brackets 2024 Over 65. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550. 10%, 12%, 22%, 24%, 32%, 35% and. The exemption limit for new tax regime slabs are: There are seven tax rates for the 2025 tax season: