Senior Standard Deduction For 2024 Tax Year

Senior Standard Deduction For 2024 Tax Year. 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. Taxpayers who are age 65 or older can claim an additional standard deduction, which is added to the regular standard deduction.


Senior Standard Deduction For 2024 Tax Year

The personal exemption for 2024 remains at. The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns.

Senior Standard Deduction For 2024 Tax Year Images References :