2024 Standard Deduction For Seniors Over 65

2024 Standard Deduction For Seniors Over 65. The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts. For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly — from $1,950 in 2024 (returns you’ll file soon in early 2025) to $2,000 in.


2024 Standard Deduction For Seniors Over 65

It’s $3,000 per qualifying individual if you are married,. Here’s a quick breakdown of the 2024 standard deduction amounts for seniors over 65:

2024 Standard Deduction For Seniors Over 65 Images References :