2024 Standard Deduction For Seniors Over 65

2024 Standard Deduction For Seniors Over 65

2024 Standard Deduction For Seniors Over 65. People who are age 65 and over have a higher. For 2024, that extra standard deduction is $1,950 if you are single or file as.


2024 Standard Deduction For Seniors Over 65

If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or.

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