Standard Tax Deduction 2024 For Seniors Over 70

Standard Tax Deduction 2024 For Seniors Over 70. For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.


Standard Tax Deduction 2024 For Seniors Over 70

Understanding income tax slabs for senior and super. Section 194p is applicable from 1st april 2021.

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