2024 Standard Tax Deduction For Seniors

2024 Standard Tax Deduction For Seniors. A taxpayer who is claimed as a dependent on someone else’s tax return for tax year 2024 (and who is younger than 65 and not blind) can claim a standard deduction of. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.


2024 Standard Tax Deduction For Seniors

If you’re married, the standard deduction increases by $1,550 if only one of you is 65. For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:

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