2024 Standard Deduction For Seniors

2024 Standard Deduction For Seniors. For 2024, that extra standard deduction is $1,950 if you are single or file as. The additional standard deduction amount will increase to $1,950 if the individual is.


2024 Standard Deduction For Seniors

In general, the standard deduction is adjusted each year for inflation and varies according to your filing status, whether you’re 65 or older and/or blind, and whether another taxpayer. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.

2024 Standard Deduction For Seniors Images References :