2024 Standard Deduction Single Filer Over 65

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2024 Standard Deduction Single Filer Over 65

2024 Standard Deduction Single Filer Over 65. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). If you are 65 or older or blind, you can claim an additional standard deduction.


2024 Standard Deduction Single Filer Over 65

People 65 or older may be eligible for a higher amount. The additional standard deduction for people who are 65 or older is $1,950 for single filers or heads of household, and $1,550 for married couples filing jointly.

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