What Is Standard Tax Deduction For 2024 For Seniors
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What Is Standard Tax Deduction For 2024 For Seniors. For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly — from $1,950 in 2024 (returns you’ll file soon in early 2025) to. Most taxpayers now qualify for the standard.
If you are 65 or older or blind, you can claim an additional standard deduction. 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.
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