Comments Off on Standard Deduction 2024 For Seniors Over 65
Standard Deduction 2024 For Seniors Over 65. For 2023 (tax returns typically filed in april 2024), the standard deduction amounts are $13,850 for single and for those who are married, filing separately; Taxpayers get a higher standard deduction when they turn 65 or are blind.
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. It’s called the extra standard deduction, exclusively for people who are 65 years and older by the end of the tax year.
Standard Deduction 2024 For Seniors Over 65 Images References :
