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Standard Deduction For 2024 Over 65 Irs

Standard Deduction For 2024 Over 65 Irs.  — 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 $30,700 if both are).  — seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.


Standard Deduction For 2024 Over 65 Irs

The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse). Taxpayers who are age 65 or older can claim an additional standard deduction, which is added to the regular standard.

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