Standard Tax Deduction 2024 For Seniors Over 70 . A senior can earn up. If you’re a single taxpayer age 65 and older, you can add $1,850 to $13,850 standard deduction.
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. 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.
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