Standard Deduction For 2024 For Seniors Over 65 Over 65

Standard Deduction For 2024 For Seniors Over 65 Over 65. 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. $1,850 for single or head of household.

Your standard deduction consists of the sum of the basic standard. For 2023 (tax returns typically filed in april 2024), the standard deduction amounts are $13,850 for single and for those who are married, filing separately;