2024 Standard Deduction Single Over Age 65

2024 Standard Deduction Single Over Age 65. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700 if both are. If you are a single senior over the age of 65, you can claim an.


2024 Standard Deduction Single Over Age 65

Single filers will see an increase of $750 and joint filers will receive a $1,500 bump in their standard deduction. Also, in the capital gains tax section, taxable income is after subtracting the standard deduction isnโ€™t.

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