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Jun 13, 2024 · If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household. It's $3,100 per qualifying individual if you are married,...
If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. You are considered age 65 on the day before your 65th birthday. Therefore, you can take a higher standard deduction for 2023 if you were born before January 2, 1959.
Mar 21, 2024 · Standard deductions for taxpayers over 65. Taxpayers get a higher standard deduction when they turn 65 or are blind. If you are both, you get double the additional deduction.
Mar 11, 2024 · Additional Standard Deduction for People Over 65 Taxpayers who blind and/or are age 65 or older can claim an additional standard deduction, an amount that’s added to the regular...
If you or your spouse were age 65 or older or blind at the end of the year, be sure to claim an additional standard deduction by checking the appropriate boxes for age or blindness on Form 1040, U.S. Individual Income Tax Return or Form 1040-SR, U.S. Tax Return for Seniors.
Jun 14, 2024 · If you are 65 or older and blind, the extra standard deduction is $3,900 for 2024 if you are single or filing as head of household. It's $3,100 per qualifying individual if you are married...
Jan 4, 2024 · If you are 65 or older and blind, the extra standard deduction is: $3,700 if you are single or filing as head of household. $3,000 per qualifying individual if you are married, filing jointly...
May 30, 2024 · Standard Deduction for Seniors – If you do not itemize your deductions, you can get a higher standard deduction amount if you and/or your spouse are 65 years old or older. You can get an even higher standard deduction amount if either you or your spouse is blind.
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May 24, 2023 · For 2023 the IRS standard deduction for seniors is $13,850 for those filing single or married filing separately, $27,700 for qualifying widows or married filing jointly, and $20,800 for a head of household. If you are blind, you will be able to increase the standard deduction by $1,500 (or $1,850 if single or filing as head of household).
Apr 7, 2024 · The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700 if both are)...
