Standard Deduction 2024 Over 65 Single

Standard Deduction 2024 Over 65 Single. If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. For more information on how the.


Standard Deduction 2024 Over 65 Single

You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.

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