Standard Deduction 2024 Mfj Over 65

Standard Deduction 2024 Mfj Over 65. If you are 65 or older and blind, the extra standard deduction is: Tax year 2023 standard deduction amounts (filed in 2024) 2023 standard deduction amounts:

You pay tax as a percentage of your income in layers called tax brackets. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.