2024 Federal Standard Deduction Over 65 , 2024 Federal Standard Deduction Over 65. These are not the tax rates and other numbers for 2023 (you'll find the official 2023 tax. People who are age 65 and over have a higher standard deduction than the basic standard deduction. If you don’t itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. 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. 2024 Federal Standard Deduction Over 65 Images References : 2024
2024 Federal Standard Deduction Over 65. These are not the tax rates and other numbers for 2023 (you'll find the official 2023 tax. People who are age 65 and over have a higher standard deduction than the basic standard deduction. If you don’t itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. 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.