Standard Deduction 2024 Age 65 . People who are age 65 and over have a higher standard deduction than the basic standard deduction. It’s $3,000 per qualifying individual if you are married, filing jointly or separately.
For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; You are considered age 65 at the end of the year if your 65th birthday is on or before january 1 of the following year.
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Standard Deduction 2024 Age 65 Dody Nadine , For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
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2024 Standard Deduction Over 65 Tax Brackets Alysa Bertina , If you are 65 or older and blind, the 2023 extra standard deduction is $3,700 if you are single or filing as head of household.