How Much Is The Standard Deduction For 2024 Over 65

How Much Is The Standard Deduction For 2024 Over 65. For comparison, the standard deduction amounts for single taxpayers and married taxpayers filing separately was $14,600 in 2024. You deduct an amount from your income before you calculate.

The additional standard deduction amount for 2024 is $1,550 ($1,950 if. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.