2024 Standard Tax Deduction For Seniors Over 60

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2024 Standard Tax Deduction For Seniors Over 60. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750. Seniors struggling to make ends meet may save some money when they do their 2023 taxes by claiming the extra tax deduction.


2024 Standard Tax Deduction For Seniors Over 60

If you or your spouse were age 65 or older or blind at the end of the year, be sure to claim an additional standard deduction by checking the appropriate boxes for age or blindness on form. The standard deduction for seniors over 65 filing jointly is $27,300.

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