2024 Standard Deduction For Seniors 2024
2024 Standard Deduction For Seniors 2024 . The additional standard deduction amount will increase to $1,950 if the individual is. 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.
Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. The additional standard deduction amount for 2024 is $1,550.
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