2024 Standard Deduction Amount Over 65
2024 Standard Deduction Amount Over 65. From hiking the standard deduction limit in the new tax regime to tweaking tax slabs to simplifying capital gains tax โ budget 2024 has changed a host of tax rules that will. If you are 65 or older or blind, you can claim an additional standard deduction.
If you are 65 or older or blind, you can claim an additional standard deduction. Each joint filer 65 and over can increase the standard deduction by $1,550 apiece, ๏ปฟfor a total of $3,100 if.