2024 Standard Tax Deduction Amount Over 65 . This higher deduction helps to offset some of. People who are 65 or older can take an additional standard deduction of $1,950 for single and head of household filers and $1,550 for married filing jointly,.
$3,000 per qualifying individual if you are. The new limit is rs.75,000.
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Standard Tax Deduction 2024 Single Over 65 Faunie Kathie , For 2023, the federal standard deduction for single filers was $13,850, for married filing jointly it was $27,700 and for the head of household filers, it increased to.