Standard Deduction 2024 Age 65
Standard Deduction 2024 Age 65 . 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. For 2023, the additional standard deduction is $1,850 if you are single or file as head of household.
For the 2024 tax year (for. 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.
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