Standard Tax Deduction 2024 For Seniors 2024. For 2024, the limit is $1,300 or your earned income, plus $450, whichever is greater. โ for tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:
Most taxpayers now qualify for the standard deduction, but there are some important details involving itemized deductions that people should keep in mind. โ for 2023, sheโll get the regular standard deduction of $13,850, plus one additional standard deduction of $1,850 for being a single filer over age 65.
Standard Tax Deduction 2024 For Seniors 2024 Images References :