2024 Tax Rates And Deductions Over 65. Individuals under 65 at the end of 2023 have to file a federal return in 2024 if their income last year was at least $13,850 ($20,800 for taxpayers filing as head of household, and. You are considered age 65 at the end of the year if your 65th.
The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700. As in 2023, the marginal tax rate (s) of 10%, 12%, 22%, 24%, 32%, 35%, and.