2024 Tax Brackets For Seniors Over 70. The seven federal income tax brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35% and 37%. You pay tax as a percentage of your income in layers called tax brackets.


2024 Tax Brackets For Seniors Over 70

There are seven tax brackets in all. Depending on your tax rate and filing status, you’ll owe different amounts on different parts of your income depending on your taxable income.

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