2024 Standard Deduction For Seniors Over 65 For Seniors

2024 Standard Deduction For Seniors Over 65 For Seniors. Additionally, seniors can take advantage of a higher standard. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for.


2024 Standard Deduction For Seniors Over 65 For Seniors

The standard deduction is a valuable tax benefit that allows seniors to reduce their taxable income, potentially lowering their overall tax liability. Senior discounts are commonplace in restaurants, but there’s one for taxes too.

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