Tax Deduction For Seniors 2024. The purpose of this article is to help you reduce your taxable income and take advantage of. For 2023 taxes, due in april 2024, the standard deduction is $13,850 for single filers and those who are married filing separately.
Here are six tax deductions for seniors that may help you save a little more at tax time. For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:.
For Tax Year 2023, The Additional Standard Deduction Amounts For Taxpayers Who Are 65 And Older Or Blind Are:.
They are $14,600 for single filers and married couples filing.
Taxpayers 65 And Older And Those Who Are Blind Can Claim An Additional Standard Deduction.
Tax information for seniors & retirees.
Tax Return For Seniors, Was Introduced In 2019.
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If One Spouse In A Married Couple Filing Jointly Is Over 65, The Threshold Is $29,200.