2024 Tax Brackets For Seniors Over 60

2024 Tax Brackets For Seniors Over 60.  โ€” individuals 65 or older at the end of 2023 must have gross income of at least $15,700 (versus $13,850 for younger workers) to be required to file a return. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is.


2024 Tax Brackets For Seniors Over 60

For income between โ‚น3 lakh and โ‚น5 lakh:  โ€” in 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).

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