Irs 2024 Standard Deduction For Seniors

Irs 2024 Standard Deduction For Seniors

Irs 2024 Standard Deduction For Seniors. Tax information for seniors and retirees, including typical sources of income in retirement and special tax rules. If you are 65 or older or blind, you can claim an additional standard deduction.


Irs 2024 Standard Deduction For Seniors

For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for. You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind.

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