2024 Standard Tax Deduction For Seniors Over 60. The standard deduction is the specific dollar amount, set each year by the irs, that lowers the amount of income on which you pay tax. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household.


2024 Standard Tax Deduction For Seniors Over 60

$1,850 more for a single filer or head of household (up from $1,750 for the 2022 tax year). For information on the extra standard deduction amounts for 2024 (tax returns you’ll file in 2025), see kiplinger’s report:

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