2024 Standard Tax Deduction Amount Over 65 . They also both get an additional standard deduction amount of. Seniors over age 65 may claim an additional standard.
You will pay 10 percent on taxable income up to $11,600, 12 percent on the amount over $11,600 to $47,150, and 22 percent above that (up to $100,525). There are several strategies individuals over 65 can employ to maximize tax savings:
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Standard Deduction For Seniors Over 65 A Comprehensive Guide For 2025 , In tax year 2024, the standard deductions are as follows:
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