2024 Irs Standard Deduction Over 65 Age. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. The 2024 tax year brings specific considerations for seniors, including an additional standard deduction that is designed to provide financial relief and acknowledge the.
Seniors over age 65 have access to an additional $1,850 standard deduction on top of their base rate, which helps reduce taxable income and gives them. Depending on your tax rate and filing status, youโll.