2024 Standard Tax Deduction For Seniors Over 65

2024 Standard Tax Deduction For Seniors Over 65. Higher standard deduction for age (65 or older). If you file as single or head of household, and you're either 65 or older or blind, you can claim an additional standard deduction of $1,950 for the 2024 tax year.


2024 Standard Tax Deduction For Seniors Over 65

If you file as single or head of household, and you’re either 65 or older or blind, you can claim an additional standard deduction of $1,950 for the 2024 tax year. Section 194p of the income tax act, 1961 provides conditions for exempting senior citizens from filing income tax returns aged 75 years.

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