2024 Standard Deduction For Seniors Over 70

2024 Standard Deduction For Seniors Over 70. If you are 65 or older and blind, the 2023 extra standard deduction is $3,700 if you are single or filing as head of household. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.


2024 Standard Deduction For Seniors Over 70

The standard deduction for 2024 is $14,600 for single filers and those married filing separately, $29,200 for joint filers and surviving spouses, and $21,900 for heads of household. This additional amount accounts for the increased expenses often associated with aging.

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