Tax Brackets For 2024 Canada Over 65. Claim this amount if you were 65 years of age or older on december 31, 2023, and your net income (line 23600 of your return) is less than $98,309. 2024 and 2025 cwb amounts are based on 2023 amounts.

Increased basic personal amounts and indexing rates mean you will receive a higher salary in 2024 or owe less tax when you file your 2024 taxes in 2025. This list is not exhaustive.