Irs 2024 Standard Deduction For Seniors. If you are 65 or older or blind, you can claim an additional standard deduction. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to.
For 2024, that extra standard deduction is $1,950 if you are single or file as head of. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to.