2024 Standard Deduction For Seniors Over 65. There’s even more good news for older taxpayers. It's called the extra standard deduction, exclusively for people who are 65 years and.


2024 Standard Deduction For Seniors Over 65

Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. You don’t pay federal income tax on every dollar of your income.

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