2024 Irs Standard Deduction Over 65

2024 Irs Standard Deduction Over 65. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household. If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year.


2024 Irs Standard Deduction Over 65

Taxpayers get a higher standard deduction when they turn 65 or are blind. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.

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