Irs Standard Deduction Seniors Over 65 2024

Irs Standard Deduction Seniors Over 65 2024. $3,700 if you are single or filing as head of household. Claiming the standard deduction for seniors over 65 is a straightforward way to reduce tax liability and increase disposable income.


Irs Standard Deduction Seniors Over 65 2024

Taxpayers who are age 65 or older can claim an additional standard deduction, which is added to. The additional standard deduction for people who are 65 or older is $1,950 for single filers or heads of household, and $1,550 for married couples filing jointly.

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