2024 Tax Rates And Deductions For Seniors. — washington — the internal revenue service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate. The top marginal income tax rate.
— introducing higher exemptions or lower tax rates on passive income sources like rent, interest from savings accounts, fixed deposits, bonds, dividends, etc., will help reduce. Tax rates (old & new regime):