2024 Tax Brackets Single Over 65. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of. 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%.

There are seven federal tax brackets for tax year 2024. Knowing the tax brackets for 2024 can help you implement smart tax strategies, like adjusting your income tax.