2024 Standard Tax Deduction For Seniors . Senior discounts are commonplace in restaurants, but there's one for taxes too. 2024 standard deduction over 65.
For 2024, that extra standard deduction is $1,950 if you are single or file as head of household. The standard deduction is a major way most americans reduce their taxable income each year — and with inflation’s burn, the deduction’s amount will jump higher in.
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