Standard Tax Deduction 2024 For Seniors

Standard Tax Deduction 2024 For Seniors. Single or married filing separately—$13,850. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household.


Standard Tax Deduction 2024 For Seniors

It varies by filing status, whether the taxpayer is 65 or older and/or blind and whether another taxpayer can claim them. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;

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