Standard Deduction 2024 Single Over 65

Standard Deduction 2024 Single Over 65

Standard Deduction 2024 Single Over 65. If you are 65 or older and blind, the extra standard deduction is $3,700 if you are single or filing as head of. Standard deductions for taxpayers over 65.


Standard Deduction 2024 Single Over 65

Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. 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 $61,150.

Standard Deduction 2024 Single Over 65 Images References :