Standard Deduction For 2024 Over 65

Standard Deduction For 2024 Over 65. $3,000 per qualifying individual if you are married, filing. If you are 65 or older and blind, the extra standard deduction is:


Standard Deduction For 2024 Over 65

Taxpayers who blind and/or are age 65 or older can claim an additional standard deduction, an amount that’s added to the regular standard deduction for their filing status. 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 more financial.

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