2024 Standard Tax Deduction For Seniors Over 70

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2024 Standard Tax Deduction For Seniors Over 70. 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. Before delving into the extra standard deduction for older adults aged 65 and older, reviewing the regular standard deduction and how it works for 2023 is helpful.


2024 Standard Tax Deduction For Seniors Over 70

If youโ€™re a single taxpayer age 65 and older, you can add $1,850 to $13,850 standard deduction. 2024 / 2025 tax year:

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