Tax Brackets For 2024 Head Of Household Over 65. The 2024 tax brackets apply to income earned this year, which is reported on tax returns filed in 2025. While the changes may seem small, depending on the financial situation and federal income tax bracket, some taxpayers over 65 may benefit from a modest tax reduction.

The new inflation adjustments are for tax year 2023, for which taxpayers will file tax returns in early 2024. Single, married filing jointly, married filing separately, or head of household.