2024 Tax Rates And Brackets For Seniors. This article summarizes income tax rates, surcharge, health & education cess, special rates, and rebate/relief applicable to various categories of persons viz. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.

Taxpayers can now choose to pay income tax at lower rates under the new tax regime slabs on the condition that they withdraw from being considered for specific. Surcharge and cess are applicable as per rules.