2024 Standard Deduction Married Joint Senior. There's an additional standard deduction for taxpayers 65 and older and those who are blind. There are seven federal tax brackets for tax year 2025.
The highest earners fall into the 37% range, while those who earn the least. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married couples.