2024 Standard Tax Deduction Amount For Seniors

2024 Standard Tax Deduction Amount For Seniors. The additional standard deduction for people who are 65 or older is $1,950 for single filers or heads of household, and $1,550 for married couples filing jointly. Seniors struggling to make ends meet may save some money when they do their 2023 taxes by claiming the extra tax deduction.


2024 Standard Tax Deduction Amount For Seniors

The personal exemption for 2024 remains at $0. Seniors struggling to make ends meet may save some money when they do their 2023 taxes by claiming the extra tax deduction.

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