How Much Is The Standard Deduction For 2024 For Seniors. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. Specifically, extending the many provisions of trump’s 2017 tax bill that expire at.
Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. As per section 16 (ia) of the income tax act, this.