Standard Tax Deduction 2024 For Seniors. If you are 65 or older or blind, you can claim an additional standard deduction. The standard deduction for a single person will go up from $13,850 in 2023 to $14,600 in 2024, an increase of 5.4%.
Section 194p is applicable from 1st april 2021. For 2023, the standard deduction amount has been increased for all filers.
Standard Tax Deduction 2024 For Seniors Images References :
