Tax Brackets For 2024 Tax Return. Your bracket depends on your taxable income and filing status. And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the amount for tax year 2023.

The irs adjusted tax brackets higher by 2.8% for the 2025 tax year. The senior citizen will submit a declaration to the specified bank.