Tax Brackets For 2024 Tax Year Over 65

Tax Brackets For 2024 Tax Year Over 65. 10%, 12%, 22%, 24%, 32%, 35%. If your income hasn't kept pace with inflation this year, you may soon get some financial relief in the form of a tax cut.

For tax years 2024 and 2025, there are seven different tax brackets: The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts.