Standard Tax Deduction 2024 Single Over 65

Standard Tax Deduction 2024 Single Over 65

Standard Tax Deduction 2024 Single Over 65. For example, in the tax year 2023, if you’re single and 65+, you can add an extra $1,850 to your standard deduction, bringing up the total to $15,700. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).


Standard Tax Deduction 2024 Single Over 65

$3,000 per qualifying individual if you are. 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 $30,700 if both.

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