Income Tax Standard Deduction 2024 Over 65

Income Tax Standard Deduction 2024 Over 65. You're considered to be 65 on the day before your 65th. 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.


Income Tax Standard Deduction 2024 Over 65

The standard deduction amount depends on your filing status, whether you are 65 or older or blind, and whether another taxpayer can claim you as a dependent. You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind.

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