Standard Deduction For 2024 Taxes For Seniors

Standard Deduction For 2024 Taxes For Seniors. Here are six tax deductions for seniors that may help you save a little more at tax time. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.

For example, in the tax year 2023, if you’re single and 65+, you can add an extra $1,850 to your standard deduction, bringing up the total to $15,700. Additional standard deduction for seniors and the blind;