2024 Income Tax Brackets For Seniors . However, the state does offer a retirement income deduction for taxpayers aged 65 and older. An individual has to choose between new and old tax regime to calculate their income tax liability, subject to certain conditions.
There are seven (7) tax rates in 2024. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.
2024 Income Tax Brackets For Seniors Images References :
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