Standard Deduction 2024 Over 65

Standard Deduction 2024 Over 65. Single filers will see an increase of $750 and joint filers will receive a $1,500 bump in their standard deduction. Here’s a quick breakdown of the 2024 standard deduction amounts for seniors over 65:


Standard Deduction 2024 Over 65

Section 63(c)(2) provides the standard deduction for use in filing individual income tax returns. If you are 65 or older or blind, you can claim an additional standard deduction.

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