2024 Standard Deduction Over 65 Chart

2024 Standard Deduction Over 65 Chart. If you are both, you get double the. The standard deduction for seniors over 65 is $27,300 for married couples filing jointly and $14,700 for single filers.

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. The government changed the income tax laws under the new tax regime in the july 2024 budget, increasing its attractiveness compared to the old tax regime.this was.