How Much Is The Standard Deduction For 2024 For Seniors
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How Much Is The Standard Deduction For 2024 For Seniors. It's $3,100 per qualifying individual if you are married. Married filing joint (mfj) or surviving spouse $29,200;
The additional standard deduction amount increases to $1,950 for unmarried taxpayers. 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 $30,700 if both are.
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