Standard Deduction For 2024 Taxes For Seniors

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Standard Deduction For 2024 Taxes For Seniors

Standard Deduction For 2024 Taxes For Seniors. The basic standard deduction in 2024 and 2025 are: If you are 65 or older or blind, you can claim an additional standard deduction.


Standard Deduction For 2024 Taxes For Seniors

For 2024, the standard deduction is $1,550 more than the deduction available to those younger than 65. The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.

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