Irs Standard Deduction 2024 Married Over 65
Irs Standard Deduction 2024 Married Over 65. For 2023 the irs standard deduction for seniors is $13,850 for those filing single or married filing separately, $27,700 for qualifying widows or married filing jointly, and $20,800. For taxable years beginning in 2024, the additional standard deduction amount under § 63(f) for the aged or the blind is $1,550.
For a single taxpayer, the rates are: Before delving into the extra standard deduction for older adults aged 65 and older, reviewing the regular standard deduction and how it works for 2023 is helpful.