Standard Deduction 2024 65 And Older. 2024 extra standard deduction age 65 and older (married filing jointly or separately) 65 or older or blind: How has the standard deduction amount changed for the current tax year?
The standard deduction for 2024 varies depending on filing status. For 2024, the additional standard deduction amount for the aged or the blind is $1,550.
You Don’t Pay Federal Income Tax On Every Dollar Of Your Income.
If you’re 65 or older or blind, you’ll get an extra $ 1,950 added to your standard deduction if filing single for 2024.
For The Current Tax Year (2024 Tax Returns), The Standard Deduction Amounts Have Increased Slightly:.
In total, a married couple 65.
Here’s How It Works And What It Is In 2023.
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People 65 Or Older And Those Who Are Blind Are Entitled To An Extra Standard Deduction Amount That They May Add To Their Existing Base Standard Deduction.
How much extra depends on.
For 2024, The Additional Standard Deduction Amount For The Aged Or The Blind Is $1,550.