2024 Standard Tax Deduction For Seniors

2024 Standard Tax Deduction For Seniors. Discover updated tax rates, rules, and payroll information, ensuring accuracy and compliance.  — the standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or.

 — the basic standard deduction in 2024 and my estimate for 2025 are: There are extra standard deduction amounts if you or your spouse is blind and if you are 65 or older.