2024 Tax Brackets For Seniors Over 65

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2024 Tax Brackets For Seniors Over 65. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024. There’s even more good news for older taxpayers.


2024 Tax Brackets For Seniors Over 65

Additional standard deduction for people over 65 taxpayers who blind and/or are age 65 or older can claim an additional standard deduction, an amount that’s added to the. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.

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