2024 Tax Brackets And Standard Deduction Over 65. Higher standard deduction for age (65 or older). If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.
The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.
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