2024 Standard Deduction For Seniors Over 65. There’s even more good news for older taxpayers. Single or head of household:
For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:. You’re considered to be 65 on the day before your 65th.
65 Or Older And Blind:
Claim this amount if you were 65 years of age or older on december 31, 2023, and your net income ( line 23600 of your return) is less.
Seniors Over Age 65 May Claim An Additional Standard Deduction Of $1,950 For Single Filers And $1,550 For Joint Filers.
There’s even more good news for older taxpayers.
Single Filers Will See An Increase Of $750 And Joint Filers Will Receive A $1,500 Bump In Their Standard.
Images References :
For 2024, The Additional Standard Deduction Amount For The Aged Or The Blind Is $1,550.
65 or older and blind:
Single Filers Will See An Increase Of $750 And Joint Filers Will Receive A $1,500 Bump In Their Standard.
For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:.
For 2023, She’ll Get The Regular Standard Deduction Of $13,850, Plus One Additional Standard Deduction Of $1,850 For Being A Single Filer Over Age 65.