2024 Standard Deduction Over 65 Irs

2024 Standard Deduction Over 65 Irs. $3,000 per qualifying individual if you are married, filing. If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year.


2024 Standard Deduction Over 65 Irs

 โ€” if you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.  โ€” you can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind.

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