Standard Deduction For 2024 For Seniors Over 65 Years Old

Standard Deduction For 2024 For Seniors Over 65 Years Old. The additional standard deduction amount for 2024 is $1,550. The additional standard deduction amount increases to $1,950 for unmarried.

If you file as single or head of household, and you’re either 65 or older or blind, you can claim an additional standard deduction of $1,950 for the 2024 tax year. If you or your spouse were age 65 or older or blind at the end of the year, be sure to claim an additional standard deduction by checking the appropriate boxes for age or blindness.