What Is The Standard Deduction For 2024 Over 65

What Is The Standard Deduction For 2024 Over 65. You're considered to be 65 on the day before your 65th birthday (for tax year 2023, you're considered to be 65 if you were born before january 2, 1959). For seniors over the age of 65, the standard deduction in 2024 and 2025 is higher than it is for younger taxpayers.


What Is The Standard Deduction For 2024 Over 65

For 2024, that extra standard deduction is $1,950 if you are single or file as head of household. An increased amount will be added to the base single filer standard deduction.

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