2024 Standard Tax Deduction For Seniors Over 70

2024 Standard Tax Deduction For Seniors Over 70. Taxpayers who are age 65 or older can claim an additional standard deduction, which is. 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.

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. Depending on your tax rate and filing status, you’ll.