2024 Tax Rates And Standard Deductions For Seniors

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2024 Tax Rates And Standard Deductions For Seniors. It's $3,100 per qualifying individual if you are married,. The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns.


2024 Tax Rates And Standard Deductions For Seniors

Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. (the extra standard deduction amount is $1,850 for 2024).

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