2024 Tax Brackets And Standard Deduction Over 65

By

2024 Tax Brackets And Standard Deduction Over 65

2024 Tax Brackets And Standard Deduction Over 65. If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. You are considered age 65 on the day before your 65th birthday.


2024 Tax Brackets And Standard Deduction Over 65

 โ€” for 2024, the standard deduction is $1,550 more than the deduction available to those younger than 65.  โ€” if youโ€™re 65 or older and also blind, add $3,700 to $13,850 standard deduction.

2024 Tax Brackets And Standard Deduction Over 65 Images References :

About the author

administrator