Standard Tax Deduction 2024 Over 65 . For 2024, that extra standard deduction is $1,950 if you are single or file as head of household. The standard deduction for taxpayers over the age of 65 is higher than for younger taxpayers, acknowledging the unique financial challenges faced by this age group.
Higher standard deduction for age (65 or older). Taxpayers get a higher standard deduction when they turn 65 or are blind.
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