Standard Deduction For 2024 Over 65

Standard Deduction For 2024 Over 65. Standard deduction gives the rules and dollar amounts for the standard deduction—a benefit for taxpayers who don't itemize their deductions. This section also discusses the.


Standard Deduction For 2024 Over 65

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. If you are 65 or older and blind, the extra standard deduction is $3,900 for 2024 if you are single or filing as head of household.

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