2024 Fed Tax Standard Deduction For Seniors. The basic standard deduction in 2024 and my estimate for 2025 are: Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.


2024 Fed Tax Standard Deduction For Seniors

Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2024. You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind.

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