Tax Brackets For 2024 Married Filing Jointly Over 65. In 2024, the excess taxable income above which the 28% tax rate applies will likely be $116,300 for married taxpayers filing separate returns and $232,600 for all other non. For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.

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. The top tax rate will remain.