2024 Tax Brackets Head Of Household Over 65 . Married couples filing jointly will see a deduction of $29,200, a boost of $1,500 from 2023, while heads of household will see a jump to $21,900 for heads of household, an increase of $1,100. For those filing head of household, the standard deduction will be $21,900 for tax year 2024 (up $1,100 from tax year 2023).
People who are age 65 and over have a higher standard deduction than the basic standard deduction. To figure out your tax bracket, first look at the rates for the filing status you plan to use:
2024 Tax Brackets Head Of Household Over 65 Images References :
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