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Standard Deduction For 2024 Over 65

Standard Deduction For 2024 Over 65. Aimed at individual filers and tax preparers. Stay updated on the standard deduction amounts for 2024, how it works and when to claim it.


Standard Deduction For 2024 Over 65

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). For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;

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