Standard Deduction For Seniors 2024 Tax Year. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to $61,150. A senior can earn up.


Standard Deduction For Seniors 2024 Tax Year

2024 standard deduction over 65. If you are 65 or older or blind, you can claim an additional standard deduction.

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