2024 Standard Deductions And Tax Brackets Over 65. Find the new rates and information on extra benefits for people over 65. Single filers will see an increase of $750 and joint filers will receive a $1,500 bump in their standard deduction.
The tax brackets consist of the following marginal rates: The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts.